Visteon amended its credit agreement with Citibank as administrative agent. The amended agreement includes a new $350 million term loan.

According to a related 8-K filing, the new term loans may be maintained from time to time at an interest rate equal to the applicable domestic rate plus an applicable margin of 1.00% per annum or the LIBOR-based rate plus an applicable margin of 2.00% per annum.

Outstanding borrowings of the new term loans prepaid prior to May 14, 2018 are subject to a prepayment premium in the amount of 1.00% of the principal prepaid.