secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0000950170-24-052477
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C prices $750M 6.5% Senior Notes due 2032; increases term B-8 loan to $3.935B
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- Pricing of $750M aggregate principal of 6.500% senior notes due 2032, issued at 100% of face value.
- Net proceeds ~$744M from notes, plus term B-8 loan ($3.935B) and cash, to repay existing term loans B-3 through B-7.
- Term B-8 loan expected to increase from $2.775B to $3.935B concurrently with the notes closing.
- Notes offering expected to close May 9, 2024; notes are unsecured and guaranteed by parent and certain subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024052477/0000950170-24-052477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024052477/ssnc-20240503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-052477

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