secwatch / observer
8-K filed October 13, 2023, 7:59 PM ET ticker ADT CIK 0001703056
debt confidence high sentiment neutral materiality 0.60

ADT refinances $1.3914B term B-1 facility; new $1.375B facility matures 2030

ADT Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ADT Inc. amended Incremental Assumption and Amendment Agreement No. 13 with Barclays Bank PLC, as administrative agent (effective 2023-10-13).

Action
amendment
Agreement
credit facility
Counterparty
Barclays Bank PLC, as administrative agent
Effective
2023-10-13
Exact text from the filing
On October 13, 2023 (the “ Closing Date ”), Prime Security Services Borrower, LLC, a Delaware limited liability company (“ Prime Borrower ”), Prime Security Services Holdings, LLC, a Delaware limited liability company (“ Holdings ”), and The ADT Security Corporation, a Delaware corporation (“ ADTSC ” and together with Prime Borrower, the “ Borrowers ”), each a direct or indirect wholly owned subsidiary of ADT Inc. (“ ADT ,” the “ Company ,” “ we ” and “ our ”), entered into that certain Incremental Assumption and Amendment Agreement No. 13 (the “ Credit Agreement Amendment ”), by and among Prime Borrower, as borrower, Holdings, ADTSC, as co-borrower, the subsidiary loan parties party thereto, the lenders party thereto and Barclays Bank PLC, as administrative agent (the “ Administrative Agent ”), which amends and restates that certain Twelfth Amended and Restated First Lien Credit Agreement, dated as of July 1, 2015, as amended and restated on May 2, 2016, June 23, 2016, December 28, 20
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ADT Inc. filing history →

Source: SEC EDGAR
accession 0000950142-23-002596
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