V2X, Inc. 8-K

What Happened

• V2X, Inc. (through subsidiaries V2X Intermediate LLC and V2X LLC) announced on May 29, 2026 that it entered Amendment No. 6 to its First Lien Credit Agreement with Royal Bank of Canada as administrative and collateral agent.
• The amendment provides a new tranche of term loans in the aggregate original principal amount of $868,522,978.38 that refinance the prior term loans and mature on December 6, 2030. The company filed the amendment in an 8‑K on June 1, 2026.

Key Details

• New Term Loans: $868,522,978.38 aggregate original principal; maturity date December 6, 2030.
• Interest: choice of (a) SOFR + 2.00% (SOFR floored at 0.00%) or (b) base rate + 1.00% (base = highest of prime, fed funds +0.50%, or 1‑month SOFR +1.00%).
• Margin step‑down: margin may be reduced by 0.25% if certain credit rating criteria are met.
• Amortization & prepayment: quarterly amortization at ~1.00% per year in the aggregate; voluntary prepayments allowed without penalty (subject to limited repricing breakage or call premium rules for certain events).

Why It Matters

• This amendment materially changes V2X’s debt profile by refinancing prior term loans into a single new tranche with a longer maturity (Dec 2030), defined interest mechanics, and modest scheduled amortization.
• For investors, the change affects the company’s near‑ and medium‑term cash interest and principal payment schedule, and provides clarity on borrowing costs (SOFR‑linked or base‑rate option) and potential margin relief tied to ratings.
• The filing creates a direct financial obligation under Item 2.03 and the full amendment text is included as an exhibit to the 8‑K for reference.