secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0000950142-23-000700
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT closes $600M term loan to redeem 2023 senior notes
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/0000950142-23-000700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000095014223000700/eh230339110_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-000700

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