Deal Summary

Verra Mobility Corporation (multiple subsidiaries)

$700,100,000

Term B-3 Loan

Bank of America

Deal Notes:

Recapitalizationnanced $700.1MM of outstanding debt under the existing credit agreement, reducing interest rates by 50 basis points, with no changes to the maturity date.
1% prepayment premium for voluntary prepayments or certain mandatory prepayments within six months of the amendment.

Industry:

Traffic Management / Mobility Solutions

Role:

Administrative & Collateral Agent

Event:

Recapitalization

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