V2X reprices $869 million term loan, reduces interest margin by 25 basis points

V2X Inc. (NYSE: VVX) announced the repricing of its approximately $869 million First Lien Term Loan, according to a company statement. The repricing adjusts the applicable interest rate to SOFR plus an applicable margin of 2.0%.

The transaction includes provisions for an additional 25 basis-point reduction upon achieving specific corporate credit ratings of Ba3 with stable outlook from Moody's and BB with stable outlook from S&P. The repricing also eliminated the SOFR floor, reducing it from 0.75% to 0.00%.

"This transaction immediately lowers our borrowing costs and positions us to realize interest savings as our financial profile continues to strengthen," said Shawn Mural, Senior Vice President and Chief Financial Officer of V2X. "The repricing provides a 25-basis-point reduction in our applicable margin, with the opportunity for an additional 25-basis-point reduction upon achieving and maintaining specified credit ratings."

The transaction closed on May 29, 2026. V2X has repriced its First Lien Term Loan four times since October 2023.

V2X operates in national security, defense, civilian, and international markets with approximately 16,000 professionals globally. The company provides technology solutions that integrate physical and digital environments.

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