Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Vontier Corp incurred revolving credit of $750 million with Bank of America, N.A. at Term SOFR plus a margin of between 1.015% and 1.575%, or Base Rate plus a margin maturing February 12, 2030.
- Instrument
- revolving credit
- Principal
- $750 million
- Counterparty
- Bank of America, N.A.
- Rate
- Term SOFR plus a margin of between 1.015% and 1.575%, or Base Rate plus a margin
- Maturity
- February 12, 2030
- Event
- incurrence
Exact text from the filing
The Second A&R Credit Agreement consists of a five-year, $750 million senior unsecured, multi-currency revolving credit facility, including a $25 million sublimit for swingline loans and a $75 million sublimit for the issuance of letters of credit (the “Revolving Credit Facility”).
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Vontier Corp incurred term loan of $500 million with Bank of America, N.A. at Term SOFR plus a margin of between 0.875% and 1.500%, or Base Rate plus a margin maturing February 12, 2028.
- Instrument
- term loan
- Principal
- $500 million
- Counterparty
- Bank of America, N.A.
- Rate
- Term SOFR plus a margin of between 0.875% and 1.500%, or Base Rate plus a margin
- Maturity
- February 12, 2028
- Event
- incurrence
Exact text from the filing
Issuer and Swing Line Lender and Agent for a syndicate of lenders. Term Loan Facility The Term Loan Amendment amends the Existing Term Loan Agreement to consist of a three-year, $500 million senior unsecured term loan facility (the “Term Loan Facility”). Loans under the Term Loan Facility bear interest, at Vontier’s option, at the following variable per annum rates:
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