secwatch.observer — SEC 8-K summary
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Issuer:     SS&C Technologies Holdings Inc (SSNC)
CIK:        0001402436
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-057140
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SS&C issues $750M 6.500% notes due 2032, borrows $3.935B term loans to refinance existing debt
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- Issued $750M of 6.500% Senior Notes due 2032 at 100% of face value.
- Borrowed $3,935M incremental term B-8 loans under amended credit agreement.
- Term B-8 loans mature May 9, 2031; interest at Base+1.00% or Term SOFR+2.00%.
- Proceeds used to repay all amounts outstanding under term B-3 through B-7 loans.
- Notes guaranteed by Parent and existing domestic restricted subsidiaries; senior unsecured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024057140/0000950170-24-057140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402436/000095017024057140/ssnc-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-057140

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