---
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"
generated_at: "2026-06-01T23:20:45.472502+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ADT exchanges $143.2M of Term A loans for incremental Term B-1 loans

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-001360
- JSON: https://secwatch.observer/filing/0000950142-24-001360.json
- Plain text: https://secwatch.observer/filing/0000950142-24-001360.txt

## Key facts
- Debt Financings
  ADT Inc. incurred term loan of $143,200,320.55 with Barclays Bank PLC.
  - Instrument: term loan
  - Principal: $143,200,320.55
  - Counterparty: Barclays Bank PLC
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/0000950142-24-001360-index.htm
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC
  - Value: $143,200,320.55 aggregate principal amount of first lien senior secured term A loans
  - Effective: 2024-05-15
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1703056/000095014224001360/0000950142-24-001360-index.htm

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