Vertiv Holdings Co.
Vertiv Holdings Increases Revolving Credit Facility
Summary
On November 12, 2024, Vertiv Holdings Co announced the amendment of its Revolving Credit Agreement, increasing the U.S. tranche of the ABL revolving credit facility by $200.0 million to a total commitment of $737.0 million. The swingline commitment was also increased from $100 million to $125 million. The amendment allows the Lead Borrower to request further increases in the ABL revolving commitments, subject to conditions. All other material provisions of the Credit Agreement remain unchanged, and there was no principal amount outstanding under the Credit Agreement as of September 30, 2024.
Profitelligence Alerts
Get alerts for VRT
Be first to know when Vertiv Holdings Co. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About Vertiv Holdings Co.
Vertiv Holdings Co. is a prominent player in the field of digital infrastructure, focusing on designing, building, and servicing critical data center systems. The company's primary function is to provide essential continuity solutions that support the IT industry, ensuring the stability and efficient operation of networks and communication platforms worldwide. Notable features of Vertiv Holdings include its comprehensive product range, which includes power management systems, thermal management solutions, and IT management tools. It also offers services such as on-site support and management software that help maintain optimal performance and reliability. Vertiv Holdings caters to industries such as telecommunications, cloud computing, and co-location, impacting sectors that depend heavily on stable and efficient data center operations. In the financial markets, Vertiv Holdings plays a significant role by supporting the backbone of digital transformation and enabling the seamless operation of businesses that rely on high availability and data integrity.
Official SEC Documents
Advertisement