Verra Mobility upsizes ABL facility to $150M and refinances $688.8M term loan at lower rate

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

On May 4, 2026, Lifeloc Technologies, Inc. (the “Company”) entered into a loan transaction with Vern Kornelsen, the Company’s Chief Financial Officer and Chairman of the Board. The transaction consists of a Promissory Note dated May 1, 2026 (the “Note”) in the principal amount of $500,000.

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited

This filing

The ABL Credit Agreement provides for a $150 million senior secured asset-based revolving credit facility with a $35 million sublimit for the issuance of letters of credit (the “ ABL Facility ”), and matures on October 17, 2030

Comparable filing

Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has