V2X, Inc. (NYSE:VVX), today announced the successful repricing of its approximately $869 million First Lien Term Loan. The repricing improves the applicable interest rate to SOFR plus an applicable margin of 2.0%, with an additional 25 basis-point-reduction upon achieving specific corporate credit ratings of Ba3 (stable outlook) from Moody's and BB (stable outlook) from S&P. The repricing also reduced the SOFR floor from 0.75% to 0.00%.
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