ADT Inc. (ADT): debt financing — ADT exchanges $143.2M of Term A loans for incremental Term B-1 loans

On the Closing Date, pursuant to the Credit Agreement Amendment, the Borrowers purchased by way of assignment $143,200,320.55 aggregate principal amount of first lien senior secured term A loans outstanding under that certain Term Loan Credit Agreement, dated as of March 14, 2023, as amended as of March 14, 2023 (the “ TLA Credit Agreement ”), by and among Prime Borrower, as borrower, Holdings, ADTSC, as co-borrower, the lenders party thereto and Barclays Bank PLC, as administrative agent, which transaction was comprised of an exchange of such first lien senior secured term A loans for $143,200,320.55 aggregate principal amount of incremental first lien senior secured term B-1 loans incurred pursuant to the Existing Credit Agreement (the “ Incremental Term B-1 Loans ”).

On May 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. 15 (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, Barclays Bank PLC, as administrative agent under the Existing Credit Agreement (as defined below) (the “ Administrative Agent ”), and Barclays Bank PLC, as administrative agent under the TLA Credit Agreement (as defined below), which amends and restates that certain Fourteen