---
schema_version: "secwatch.filing_event.v1"
accession: "0001131554-25-000043"
form_type: "8-K"
ticker: null
cik: "0001131554"
company_name: "SYNCHRONOSS TECHNOLOGIES INC"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:25:17.978360+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synchronoss refinances with new $200M term loan due 2029; retires senior notes

## Summary
- New $200M term loan from TP Birch Grove matures April 24, 2029 at SOFR + 7.00% (50bps stepdown).
- Proceeds repay $73.6M existing term loan and $121M senior notes; ~$8M cash used for fees and call protection.
- Refinancing extends debt maturity, eliminating near-term overhang from senior notes.
- CFO states improved capital structure and greater operational flexibility for investment in Personal Cloud.

## SEC filing metadata
- accession: 0001131554-25-000043
- form_type: 8-K
- cik: 0001131554
- company_name: SYNCHRONOSS TECHNOLOGIES INC
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/0001131554-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/sncr-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001131554-25-000043
- JSON: https://secwatch.observer/filing/0001131554-25-000043.json
- Plain text: https://secwatch.observer/filing/0001131554-25-000043.txt

## Key facts
- Debt Financings
  SYNCHRONOSS TECHNOLOGIES INC incurred term loan of $200 million with BGC Lender Rep LLC, as administrative agent at secured overnight financing rate, which shall not be less than 2.50%, plus a mar maturing April 24, 2029.
  - Instrument: term loan
  - Principal: $200 million
  - Counterparty: BGC Lender Rep LLC, as administrative agent
  - Rate: secured overnight financing rate, which shall not be less than 2.50%, plus a mar
  - Maturity: April 24, 2029
  - Event: incurrence
  source text: among the Companies and the Administrative Agent. On the Closing Date, the Amended Credit Agreement established a new term loan facility in an aggregate principal amount of $200 million (the “First Amendment Loan”), with any existing lenders under the Credit Agreement participating pursuant to a contemporaneous settlement of the $73.6 million outstanding
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131554/000113155425000043/0001131554-25-000043-index.htm

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