---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-138432"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:43:21.444261+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Frontdoor completes $585M acquisition of 2-10 Home Buyers Warranty, prices $1.47B credit facility

## Summary
- Purchased 2-10 Home Buyers Warranty for $585M all-cash, subject to customary closing adjustments.
- Priced $1.47B credit facility: $418M Term Loan A, $800M Term Loan B, and $250M revolving credit.
- Proceeds used to retire existing Term A/B debt and fund the acquisition; remainder for share repurchases or general corporate.
- Acquisition immediately grows Frontdoor’s customer base, revenue, and earnings.
- Diversifies portfolio into New Home Structural Warranty category and opens cross-selling opportunities.

## SEC filing metadata
- accession: 0000950170-24-138432
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727263/000095017024138432/0000950170-24-138432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000095017024138432/ftdr-20241218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-138432
- JSON: https://secwatch.observer/filing/0000950170-24-138432.json
- Plain text: https://secwatch.observer/filing/0000950170-24-138432.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.