Tag Archives: Vertiv

Citibank Reprices Vertiv’s $2.1B Term Loan

Vertiv completed the repricing of subsidiary Vertiv Group Corporation’s existing seven-year, $2.1 billion term loan, reducing the interest on the term loan by 25 bps to Term SOFR plus 250 bps. According to an 8K filed with the SEC, Citibank is the administrative agent for the facility.