Vestis VSTS Transfer for separation and distribution
Transfer for separation and distribution at other companies
Other financials
Where this comes from
Reported directly by Vestis in its filing.
Tagged under the XBRL concept vsts:PaymentsForSeparationAndCapitalDistribution.
The source filing: Vestis’s 10-K, filed December 2, 2025.
- Filed
- Dec 2, 2025
- Fiscal year
- FY2025
- Accession
- 0001628280-25-054597
On September 29, 2023, the Company and certain of its subsidiaries entered into a credit agreement (the “Credit Agreement”). The Credit Agreement was initially comprised of an $800 million term loan A-1 due September 29, 2025 (“Term Loan A-1”), a $700 million term loan A-2 due September 29, 2028 (“Term Loan A-2”), and a revolving credit facility available for loans in United States dollars and Canadian dollars with aggregate commitments of $300 million and a maturity of September 29, 2028 (the “Revolving Credit Facility”). The Company used approximately $1,457 million of the proceeds from the senior secured term loans to transfer cash to Aramark in connection with the separation and distribution.
Item 8. Financial Statements and Supplementary Data.
FAQ
- What is Vestis's transfer for separation and distribution?
- Vestis (VSTS) reported transfer for separation and distribution of $1.46B in Q3 2023.
- What does transfer for separation and distribution mean?
- Captures cash outflows associated with corporate restructuring, spin-offs, or specific capital distribution events to shareholders. It provides insight into non-recurring costs related to organizational changes or strategic capital allocation decisions.
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