Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
V2X, Inc. incurred term loan of $250 million with Bank of America, N.A. at Loans under the Credit Facilities will bear interest at a floating rate, which i maturing February 28, 2028.
- Instrument
- term loan
- Principal
- $250 million
- Counterparty
- Bank of America, N.A.
- Rate
- Loans under the Credit Facilities will bear interest at a floating rate, which i
- Maturity
- February 28, 2028
- Event
- incurrence
Exact text from the filing
(the “Company”), entered into a credit agreement (the “Credit Agreement”) among the Borrower, Vertex Aerospace Intermediate LLC (“Holdings”), the lenders identified therein and Bank of America, N.A., as administrative agent, collateral agent, swingline lender and letter of credit issuer.
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
V2X, Inc. incurred revolving credit of $500 million with Bank of America, N.A. at Loans under the Credit Facilities will bear interest at a floating rate, which i maturing February 28, 2028.
- Instrument
- revolving credit
- Principal
- $500 million
- Counterparty
- Bank of America, N.A.
- Rate
- Loans under the Credit Facilities will bear interest at a floating rate, which i
- Maturity
- February 28, 2028
- Event
- incurrence
Exact text from the filing
(the “Company”), entered into a credit agreement (the “Credit Agreement”) among the Borrower, Vertex Aerospace Intermediate LLC (“Holdings”), the lenders identified therein and Bank of America, N.A., as administrative agent, collateral agent, swingline lender and letter of credit issuer.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
V2X, Inc. entered into Credit Agreement with Bank of America, N.A., as administrative agent, and the lenders identified therein valued at $250 million term loan A facility and a $500 million revolving credit facility (effective 2023-02-28).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, and the lenders identified therein
- Value
- $250 million term loan A facility and a $500 million revolving credit facility
- Effective
- 2023-02-28
Exact text from the filing
On February 28, 2023 (the “Closing Date”), Vertex Aerospace Services Corp. (the “Borrower”), an indirect, wholly owned subsidiary of V2X, Inc. (the “Company”), entered into a credit agreement (the “Credit Agreement”) among the Borrower, Vertex Aerospace Intermediate LLC (“Holdings”), the lenders identified therein and Bank of America, N.A., as administrative agent, collateral agent, swingline lender and letter of credit issuer. The Credit Agreement provides for a $250 million term loan A facility and a $500 million revolving credit facility (collectively, the “Credit Facilities”).
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