secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0000950142-25-000708
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT subsidiary issues $600M term B-2 loans, redeems $500M of 2026 notes
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- $600M incremental term B-2 loans at SOFR+1.75% (or base+0.75%), maturity March 7, 2032.
- Proceeds used to redeem $500M of 5.750% senior secured notes due 2026 at $1,012.14/$1,000 plus accrued interest.
- After partial redemption, $850M of the 2026 notes remain outstanding.
- Quarterly amortization at 0.25% of original principal starting June 30, 2025.
- Prepayment premium of 1% applies for refinancing within first six months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000095014225000708/0000950142-25-000708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000095014225000708/eh250600199_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-000708

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