---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-23-000700"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:12:50.222409+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ADT closes $600M term loan to redeem 2023 senior notes

## Summary
- Entered $600M Term Loan A Facility maturing March 14, 2028 with Barclays as admin agent.
- Proceeds redeem $600,001,000 of ADTSC 4.125% senior notes due 2023; $6.2M accrued interest paid.
- After partial redemption, $99,999,000 of 2023 notes remain outstanding.
- Incremental $50M term loan available to redeem additional notes at June 2023 maturity.
- Interest rate: Term SOFR + 2.50% (SOFR loans) or base rate + 1.50% (ABR loans).

## SEC filing metadata
- accession: 0000950142-23-000700
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/0000950142-23-000700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/eh230339110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-23-000700
- JSON: https://secwatch.observer/filing/0000950142-23-000700.json
- Plain text: https://secwatch.observer/filing/0000950142-23-000700.txt

## Key facts
- Material Agreements
  ADT Inc. entered into Term Loan Credit Agreement with Barclays Bank PLC valued at $600,000,000 (effective 2023-03-14).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC
  - Value: $600,000,000
  - Effective: 2023-03-14
  source text: On March 14, 2023, Prime Security Services Holdings, LLC (“ Holdings ”), a Delaware limited liability company and a wholly owned direct subsidiary of ADT Inc. (the “ Company ”), Prime Security Services Borrower, LLC, a Delaware limited liability company and a wholly owned direct subsidiary of Holdings (“ Borrower ”), and The ADT Security Corporation, a Delaware corporation and a wholly owned direct subsidiary of Borrower (“ ADTSC ”, and together with the Borrower, the “ Borrowers ”), entered into a term loan credit agreement (the “ Credit Agreement ”) with Barclays Bank PLC, as administrative agent, and the lenders party thereto, pursuant to which such lenders have provided the Borrowers with an aggregate principal amount of $600 million of term loans (the “ Closing Date Term Loans ”) under a senior secured term loan A facility (the “ Term Loan A Facility ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/0000950142-23-000700-index.htm
- Material Agreements
  ADT Inc. entered into Incremental Assumption and Amendment Agreement No. 1 to the Credit Agreement with Administrative Agent and lenders party thereto valued at $50,000,000 (effective 2023-03-14).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Administrative Agent and lenders party thereto
  - Value: $50,000,000
  - Effective: 2023-03-14
  source text: On March 14, 2023, Holdings, the Borrowers and the subsidiary loan parties party thereto entered into an Incremental Assumption and Amendment Agreement No. 1 to the Credit Agreement (the “ Incremental Amendment ”) with the Administrative Agent and the lenders party thereto, pursuant to which such lenders have agreed, at the option of the Borrowers and subject to the satisfaction or waiver of customary conditions, to provide the Borrowers with an aggregate principal amount of $50 million of incremental term loans (the “ Incremental Term Loans ”) under the Term Loan A Facility on or before the scheduled maturity date of the 2023 Notes, which is June 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/0000950142-23-000700-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.