---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-242530"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:24:28.580358+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- New $150M ABL revolving credit facility, maturing Oct 2030, upsized from $125M and extended from Dec 2026.
- Term Loan of ~$688.8M refinanced; maturity extended to Oct 2032 from Mar 2028.
- Term Loan interest margin reduced from SOFR+2.25% to SOFR+2.00% (25 bps savings).
- ABL facility pricing: SOFR+1.25%-1.75% (or base +0.25%-0.75%) depending on availability; unused fee 0.250%-0.375%.
- Covenants include fixed charge coverage ratio test if availability drops below $15M or 10% of commitments.

## SEC filing metadata
- accession: 0001193125-25-242530
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2025-10-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000119312525242530/0001193125-25-242530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000119312525242530/vrrm-20251017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-242530
- JSON: https://secwatch.observer/filing/0001193125-25-242530.json
- Plain text: https://secwatch.observer/filing/0001193125-25-242530.txt

## Source-grounded claims
- claim_id: 24d3fee13f03dc05d92e1c46a73cad980db497d7
  claim: VERRA MOBILITY Corp amended credit facility of $150 million senior secured asset-based revolving credit facility with Bank of America, N.A. at SOFR plus a margin ranging from 1.25% to 1.75% or a base rate plus a margin rang maturing October 17, 2030.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000119312525242530/0001193125-25-242530-index.htm
- claim_id: 8b6195c6fb49737401a9859dc4b025c067fd9851
  claim: VERRA MOBILITY Corp amended term loan of Term Loan Agreement to refinance existing senior secured term loans in an aggregate outstanding principal amount o with Bank of America, N.A. at not provided maturing not provided.
  evidence_excerpt: Holdings, VM Consolidated, certain U.S. subsidiaries of VM Consolidated, as borrowers (collectively with VM Consolidated, the “ Term Loan Borrowers ”), and certain other U.S. subsidiaries of VM Consolidated, as subsidiary guarantors (the “ Term Loan Guarantors ”), entered into the Amendment and Restatement Agreement No. 2 (the “ Restatement Agreement ”) to the Amended and Restated First Lien Term Loan Credit Agreement dated as of March 26, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000119312525242530/0001193125-25-242530-index.htm

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