---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-293984"
form_type: "8-K"
ticker: "VRT"
cik: "0001674101"
company_name: "Vertiv Holdings Co"
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:31:27.967815+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Vertiv reprices $2.1B term loan, cutting interest margin 25 bps, saving ~$5.3M annually

## Summary
- Interest margin reduced 0.25% to Term SOFR + 250 bps on $2.12B term loan.
- Annual interest savings of approximately $5.3 million.
- Maturity remains March 2, 2027; all other material terms unchanged.
- Repricing completed via Amendment No. 3 on December 13, 2023.

## SEC filing metadata
- accession: 0001193125-23-293984
- form_type: 8-K
- ticker: VRT
- cik: 0001674101
- company_name: Vertiv Holdings Co
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/d648019d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-293984
- JSON: https://secwatch.observer/filing/0001193125-23-293984.json
- Plain text: https://secwatch.observer/filing/0001193125-23-293984.txt

## Key facts
- Debt Financings
  Vertiv Holdings Co amended term loan with Citibank, N.A., as administrative agent at reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on th maturing March 2, 2027.
  - Instrument: term loan
  - Counterparty: Citibank, N.A., as administrative agent
  - Rate: reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on th
  - Maturity: March 2, 2027
  - Event: amendment
  source text: Pursuant to the Amendment, among other modifications, the interest rate margin for the Borrower’s outstanding term loans under the Credit Agreement was reduced by 0.25%, to 2.50% in respect of term loans bearing interest based on the Term SOFR rate and to 1.50% in respect of term loans bearing interest based on a base rate defined in the Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm
- Material Agreements
  Vertiv Holdings Co amended Amendment No. 3 to Term Loan Credit Agreement with Citibank, N.A., as administrative agent, and the lenders party thereto (effective 2023-12-13).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent, and the lenders party thereto
  - Effective: 2023-12-13
  source text: On December 13, 2023, Vertiv Group Corporation, a Delaware corporation (the “Borrower”) and an indirect wholly-owned subsidiary of Vertiv Holdings Co (the “Company”), Vertiv Intermediate Holding II Corporation, a Delaware corporation (“Holdings”) and the direct parent of the Borrower, as a guarantor, and certain subsidiaries of the Borrower party thereto as guarantors entered into an Amendment No. 3 to Term Loan Credit Agreement (the “Amendment”) with Citibank, N.A., as administrative agent (in such capacity, the “Administrative Agent”) and the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674101/000119312523293984/0001193125-23-293984-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.