Visteon refinances $700M credit facilities, extends maturity to 2031 with improved terms

Filed April 29, 2026 · Period ending April 27, 2026 · ~1 min read

Key Changes

• high

  Replaced existing credit facilities with $400M revolving facility and $300M term loan, both maturing April 2031. Term loan amortizes at 5% annually starting September 2026, extending debt runway by approximately 5 years.

  Item 1.01 verify on EDGAR →
• high

  Must maintain Total Net Leverage Ratio below 3.50:1.00, with temporary increase to 4.00:1.00 allowed for three quarters following material acquisitions. Breach would trigger default and potential acceleration of debt.

  Item 1.01 verify on EDGAR →
• medium

  Interest rates range from SOFR plus 1.00%-1.75% (or base rate plus 0.00%-0.75%), varying with leverage ratio. Lower debt levels reduce borrowing costs, incentivizing deleveraging.

  Item 1.01 verify on EDGAR →