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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Citizens Bank Agents, Leads $700MM Refinancing for VSE Corporation
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Lenders/Participants
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Citizens Bank [Administrative Agent, Left Lead Bookrunner, Joint Lead Arranger]
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Structure
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$300MM Term Loan A; $400MM Revolving Credit Facility
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Amount
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$700.000
Million
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Description
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Refinancing of its Term Loan A and Revolving Credit Facility. The Company entered into a new $300 million Term Loan A and a $400 million revolving credit facility, both maturing on May 2, 2030. These facilities refinance and replace the Company’s previous debt arrangements, which were scheduled to mature in October 2026. Borrowings under the new facilities will initially bear interest at the Secured Overnight Financing Rate (SOFR) plus 175 basis points, representing a reduction of approximately 60 basis points compared to the terms of the prior facilities.
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Industry
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Aviation
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Location
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FL
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| Related Tags |
Citizens Bank
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ABL Advisor
Deal Tables
2025
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