secwatch.observer — SEC 8-K summary
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Issuer:     Victory Capital Holdings, Inc. (VCTR)
CIK:        0001570827
Form:       8-K
Filed at:   2026-05-21T20:24:47+00:00
Accession:  0001193125-26-234487
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Victory Capital refinances $980M term loans; new SOFR+1.75% margin
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- Entered Seventh Amendment to Credit Agreement on May 18, 2026, replacing $985M Tranche B-3 loans with $980.075M Tranche B-4 term loans.
- New loans bear interest at SOFR plus 1.75% or base rate plus 0.75%, with no credit spread adjustment.
- Proceeds used solely to refinance existing term loans; terms otherwise substantially similar.
- Existing lenders exchanged loans via cashless settlement; Fronting Bank RBC facilitated reallocation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570827/000119312526234487/0001193125-26-234487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570827/000119312526234487/vctr-20260518.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-234487

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