Gen Digital reprices $2.44B term loan to SOFR+1.75%; adds $209M to replace non-consenting lenders

Gen Digital Inc.

Refinanced $2.44B term B loans with repriced Term B-1 facility (SOFR+1.75%) and added $209M to repay non-consenting term lenders.
New loans bear interest at base rate+0.75% or SOFR+1.75%; company can choose 1/3/6-month SOFR periods.
Voluntary prepayment within 6 months for repricing transaction triggers 1.00% premium; thereafter no penalty.
Other terms and obligations under the Existing Credit Agreement remain unchanged.

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