V2X US$869m first lien term loan repricing (2026)
Refinance the existing first lien term loans at a lower margin
Key terms
- Borrower or issuer
- V2X
- Date
- 29 May 2026
- Type
- Bank facility
- Amount
- US$868.5m
- Pricing
- SOFR + 2.00% (0% floor) or base rate + 1.00%; margin can fall a further 0.25% subject to rating criteria
- Maturity
- 2030-12-06
Recorded terms
- Structure
- Amendment No. 6 to the first lien credit agreement: new term loan tranche replacing all existing term loans; about 1% annual amortisation
- Lenders and arrangers
- Royal Bank of Canada, administrative agent and collateral agent
- Country
- United States
Parties
- V2X borrower or issuer
- Lenders: RBC Capital Markets
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 19 May 2026 | Curtiss-Wright US$1bn revolving credit facility (2026) | Bank facility | US$1bn |
| 11 Jun 2026 | HEICO US$2.2bn revolving credit facility (2026) | Bank facility | US$2.2bn |
| 24 Apr 2026 | Amentum US$4.0bn refinancing (term loans A and B and revolver, 2026) | Bank facility | US$3.99bn |
| 28 Jul 2026 | RENK €1.05bn unsecured syndicated financing (2026) | Bank facility | €1.05bn |
| 24 Aug 2026 | Lockheed Martin US$2.25bn 364-day revolving credit facility (2026) | Bank facility | US$2.25bn |
More from V2X
| Date | Financing | Type | Amount |
|---|---|---|---|
| 30 May 2024 | V2X US$907m first lien term loan refinancing (2024) | Bank facility | US$906.6m |
| 28 Feb 2023 | V2X US$750m term loan A and revolving credit facility | Bank facility | US$750m |
Sources
- V2X Form 8-K: Amendment No. 6 to first lien credit agreement sec.gov · 1 Jun 2026
- V2X Amendment No. 6 to first lien credit agreement (Exhibit 10.1) sec.gov · 1 Jun 2026
About this record
Record DEF-2026-0031, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
A revolving or term facility is a relationship loan from a bank group, priced at a margin over a reference rate, with financial covenants and an agent.
