---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-001051"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T22:57:19.353016+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Refinanced existing $1,371.6M term B-1 facility with repriced $1,371.6M facility at SOFR + 2.25% or base rate + 1.25%.
- Borrowers may voluntarily prepay at par, subject to 1% premium for certain refinancing events within six months.
- Amortization equal to 0.25% of original principal per quarter starting Sept 30, 2024; remaining due at maturity.
- Credit agreement amendment No. 14 executed April 15, 2024, effective same date, with existing terms unchanged otherwise.

## SEC filing metadata
- accession: 0000950142-24-001051
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000095014224001051/0000950142-24-001051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000095014224001051/eh240469594_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-001051
- JSON: https://secwatch.observer/filing/0000950142-24-001051.json
- Plain text: https://secwatch.observer/filing/0000950142-24-001051.txt

## Key facts
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000095014224001051/0000950142-24-001051-index.htm

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