Daily News: November 16, 2017

JPMorgan Upsizes Vectrus Revolver to $120MM, Provides New $80MM Term Loan


Vectrus amended its credit facility with JPMorgan as administrative agent, increasing the revolver from $75 million to $120 million and adding a new $80 million term loan.

According to a related 8-K filing, the company also extended the maturity date of the term loan and the revolver to November 15, 2022.

Vectrus delivers global infrastructure, IT and logistics support services.