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Verra Mobility Announces Pricing Of Extension And Amendment Of Credit Facility And Senior Notes Offering

Verra Mobility Announces Pricing Of Extension And Amendment Of Credit Facility And Senior Notes Offering
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Verra Mobility Announces Extension and Amendment of Existing Credit Agreement; Launches Senior Notes Offering

Verra Mobility Announces Extension and Amendment of Existing Credit Agreement; Launches Senior Notes Offering News provided by Share this article Share this article MESA, Ariz., March 15, 2021 /PRNewswire/ Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced its intention to extend and amend its existing 2020 credit agreement and issue new senior unsecured notes due 2029. We believe transitioning to a fixed and variable debt capital structure is timely and addresses our short-term capital needs and strengthens our balance sheet for the long-term. Our visibility into recurring revenue streams and strong cash flow generation potential effectively position us to service our debt and provide us the financial flexibility to invest for the future, stated Tricia Chiodo, Chief Financial Officer of Verra Mobility.      

Verra Mobility Announces Fourth Quarter and Full Year 2020 Financial Results

Verra Mobility Announces Fourth Quarter and Full Year 2020 Financial Results Full year 2020 revenue of $393.6 million Generated cash flows from operations of $46.9 million News provided by Share this article MESA, Ariz., March 1, 2021 /PRNewswire/  Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the fourth quarter and full year ended December 31, 2020. We are pleased with our execution throughout this challenging year and we ended 2020 on a high note with a solid quarter. Additionally, we are incredibly excited about the strategic acquisition of Redflex and the value it will add to our Government Solutions segment, said David Roberts, Chief Executive Officer, Verra Mobility. As the pandemic s effect on the global economy subsides, we believe our balanced product portfolio and long-term smart city innovation initiatives give us the ability to maintain momentum throughout 2021 and support our

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