Vontier Corporation Enters into New Financial Agreements

Vontier Corporation, a Delaware-based company, announced on February 12, 2025, that it has entered into significant financial agreements. The agreements include an amendment to an existing Term Loan Agreement and a second amendment and restatement of an Amended and Restated Credit Agreement.

The Term Loan Amendment modifies the Existing Term Loan Agreement to establish a three-year, $500 million senior unsecured term loan facility. This Term Loan Facility offers variable interest rates based on Vontier’s credit ratings. Additionally, the maturity date for this facility has been extended to February 12, 2028.

Under the Second Amendment and Restatement Credit Agreement, a five-year, $750 million senior unsecured revolving credit facility has been created. This Revolving Credit Facility includes sublimits for swingline loans and letters of credit, with variable interest rates also tied to Vontier’s credit ratings. The maturity date for this facility has been extended to February 12, 2030.

All other material provisions of the existing credit agreements remain unchanged, as detailed in the Current Report on Form 8-K filed by Vontier Corporation. The company disclosed that the descriptions of the Term Loan Amendment and the Second Amendment and Restatement Credit Agreement are available in Exhibit 10.1 and Exhibit 10.2 of the filing, respectively.

This filing also includes the incorporation by reference of financial obligations and off-balance sheet arrangements, and outlines the exhibits accompanying the report, such as the First Amendment to Term Loan Agreement and the Second Amended and Restated Credit Agreement.

While these new financial agreements mark a significant step for Vontier Corporation, the company aims to continue its operations and financial activities in line with its strategic objectives and market position.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Vontier’s 8K filing here.

Vontier Company Profile

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.