secwatch / observer
8-K filed April 15, 2024, 7:59 PM ET ticker ADT CIK 0001703056
debt confidence high sentiment positive materiality 0.65

ADT reprices $1.37B term loan, reducing SOFR margin to 2.25% per annum with no other changes

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 Credit Agreement Amendment with Barclays Bank PLC, as administrative agent valued at $1,371.6 million (effective 2024-04-15).

Action
amendment
Agreement
credit facility
Counterparty
Barclays Bank PLC, as administrative agent
Value
$1,371.6 million
Effective
2024-04-15
Exact text from the filing
On April 15, 2024 (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. 14 (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 Thirteenth Amended and Restated First Lien Credit Agreement, dated as of July 1, 2015
View on SEC.gov

419 material agreements filed in the last 30 days. Browse all material agreements →

ADT Inc. filing history →

Source: SEC EDGAR
accession 0000950142-24-001051
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