{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-001360","form_type":"8-K","ticker":"ADT","cik":"0001703056","company_name":"ADT Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.661378+00:00","generated_at":"2026-06-01T23:20:45.472502+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"ADT exchanges $143.2M of Term A loans for incremental Term B-1 loans","bullets":["On May 15, 2024, ADT subsidiaries exchanged $143.2M of Term A loans for $143.2M of incremental Term B-1 loans.","After exchange, $474.3M of Term A loans and $1.514B of Term B-1 loans remain outstanding.","Incremental Term B-1 loans have the same terms as existing Term B-1 loans and constitute one class.","Transaction is a refinancing; no new net borrowing was incurred.","Amended credit agreement continues with existing obligations unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-001360","json":"https://secwatch.observer/filing/0000950142-24-001360.json","markdown":"https://secwatch.observer/filing/0000950142-24-001360.md","text":"https://secwatch.observer/filing/0000950142-24-001360.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/0000950142-24-001360-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/eh240482445_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:20:45.472502+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"231dec2819f7e02dc4b4da81844599463260a44f","claim":"ADT Inc. incurred term loan of $143,200,320.55 with Barclays Bank PLC.","evidence_excerpt":"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 ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/0000950142-24-001360-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$143,200,320.55"},{"label":"Counterparty","value":"Barclays Bank PLC"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"80a23d9d2ed328eda30ce1a0f40354d33db35b12","claim":"ADT Inc. amended Incremental Assumption and Amendment Agreement No. 15 with Barclays Bank PLC valued at $143,200,320.55 aggregate principal amount of first lien senior secured term A loans (effective 2024-05-15).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/0000950142-24-001360-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Barclays Bank PLC"},{"label":"Value","value":"$143,200,320.55 aggregate principal amount of first lien senior secured term A loans"},{"label":"Effective","value":"2024-05-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}