Vertiv, a global provider of digital infrastructure and continuity solutions, completed the repricing of Vertiv Group’s, a subsidiary of Vertiv Holdings, existing seven-year $2.1 billion term loan. According to a related 8-K filing, Citibank served as administrative agent on the transaction. The repricing reduces the interest rate on the term loan by 25 basis points to Term SOFR + 175 basis points.
Forward for Specialty Finance
