Victory Capital extends $100 million revolver to 2030 and refinances $985 million term loans
Victory Capital Holdings amended its credit agreement on September 23, 2025, extending its $100 million revolving credit facility to September 23, 2030 and lowering the drawn interest rate margin by 0.25% per annum. The company also refinanced existing term loans with $985 million of replacement loans maturing September 23, 2032, priced at SOFR plus 2.00% or an alternate base rate plus 1.00%. The filing describes debt terms and maturities rather than operating results, so its direct effect on shareholders is limited to the new financing terms.
Key points
- Sixth Amendment to Credit Agreement signed September 23, 2025 with Bank of America, N.A. as administrative agent
- Revolving facility maturity extended from March 31, 2026 to September 23, 2030; drawn margin reduced by 0.25% per annum
- Repriced term loans total $985,000,000, maturing September 23, 2032, at SOFR plus 2.00% or alternate base rate plus 1.00%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 26, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.