ADT Inc. subsidiary reprices $1.984B term B-1 facility at SOFR+2.00%

ADT Inc.

Refinanced $1,984.1M existing Term B-1 facility with repriced Term B-1 loans of the same principal amount.
New loans bear interest at Term SOFR + 2.00% or Base Rate + 1.00%; Borrowers elected Term SOFR.
Quarterly amortization of 0.25% of original principal starting March 31, 2025; maturity unchanged.
1.00% prepayment premium applies for first six months on certain refinancing events.
Existing lenders exchanged loans via cashless settlement; additional lenders funded new loans to repay non-exchanging lenders.

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