secwatch.observer — SEC 8-K summary
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Issuer:     ROLLINS INC (ROL)
CIK:        0000084839
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0000950142-25-000519
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rollins issues $500M 5.25% Senior Notes due 2035 to repay credit facility
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- $500M aggregate principal of 5.25% Senior Notes due 2035 issued February 24, 2025.
- Interest payable semi-annually starting August 24, 2025; matures February 24, 2035.
- Net proceeds primarily to repay outstanding Credit Facility borrowings and for general corporate purposes.
- Notes are senior unsecured obligations, guaranteed by subsidiaries that guarantee the $1B revolving credit facility.
- Registration Rights Agreement requires exchange offer within 270 days; failure triggers 0.25% p.a. interest step-up.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84839/000095014225000519/0000950142-25-000519-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84839/000095014225000519/eh250594913_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-000519

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