Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Victory Capital Holdings, Inc. amended revolving credit of $100,000,000 with Bank of America, N.A., as administrative agent at decreased the drawn interest rate margin by 0.25% per annum maturing September 23, 2030.
- Instrument
- revolving credit
- Principal
- $100,000,000
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- decreased the drawn interest rate margin by 0.25% per annum
- Maturity
- September 23, 2030
- Event
- amendment
Exact text from the filing
of America, N.A, as administrative agent and collateral agent, and the lenders party thereto from time to time. Pursuant to the Existing Credit Agreement, the Company obtained a $100,000,000 senior secured first lien revolving credit facility (the “ Revolving Facility ”). The Sixth Amendment extended the maturity date of the Revolving Facility from March 31, 2026 to
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Victory Capital Holdings, Inc. amended term loan of $985,000,000 at SOFR plus a margin of 2.00% or an alternate base rate plus a margin of 1.00% maturing September 23, 2032.
- Instrument
- term loan
- Principal
- $985,000,000
- Rate
- SOFR plus a margin of 2.00% or an alternate base rate plus a margin of 1.00%
- Maturity
- September 23, 2032
- Event
- amendment
Exact text from the filing
the Company also refinanced its existing term loans (the "Existing Term Loans") with replacement term loans (the "Repriced Term Loans") in an aggregate principal amount of $985,000,000. The Repriced Term Loans will mature on September 23, 2032 and will bear interest at an annual rate equal to, at the option of the Company, either SOFR plus a margin of 2.00% or an alternate base rate plus a margin of 1.00%.
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