---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-069350"
form_type: "8-K"
ticker: "GEN"
cik: "0000849399"
company_name: "Gen Digital Inc."
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:45:34.493297+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-069350
- form_type: 8-K
- ticker: GEN
- cik: 0000849399
- company_name: Gen Digital Inc.
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849399/000110465924069350/0001104659-24-069350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849399/000110465924069350/tm2416677d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-069350
- JSON: https://secwatch.observer/filing/0001104659-24-069350.json
- Plain text: https://secwatch.observer/filing/0001104659-24-069350.txt

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