Victory Capital refinances term loans at lower rates under Seventh Credit Amendment
On May 18, 2026, Victory Capital entered into a Seventh Amendment to its credit agreement with Bank of America, N.A. as administrative agent, refinancing existing term loans with repriced term loans. The new loans carry interest at SOFR plus 1.75% or an alternate base rate plus 0.75%, and otherwise have substantially similar terms. The filing does not state the loan amounts or the rates on the prior loans, so the size of any savings to shareholders cannot be determined from this document.
Key points
- Agreement dated May 18, 2026, amends the Credit Agreement originally dated July 1, 2019
- Repriced term loans bear interest at SOFR plus 1.75% or alternate base rate plus 0.75%, at the company's option
- Other terms remain substantially similar to the existing term loans
- Full amendment filed as Exhibit 10.1
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing 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 May 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.