secwatch.observer — SEC 8-K summary
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Issuer:     BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)
CIK:        0001383312
Form:       8-K
Filed at:   2025-08-21T23:59:59+00:00
Accession:  0001140361-25-032204
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadridge enters $750M term credit agreement, repays existing term loan
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- Incurred $750M term loan on Aug 21, 2025, maturing Aug 21, 2028.
- Proceeds used to repay existing Aug 2023 term credit agreement and for general corporate purposes.
- Interest at Term SOFR + 1.250% p.a. initially, subject to ratings-based adjustment (spread range 1.000%–1.625%).
- No premium or penalty for voluntary prepayment; maximum leverage ratio covenant applies.
- JPMorgan Chase is administrative agent; BofA and Wells Fargo are joint lead arrangers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383312/000114036125032204/0001140361-25-032204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383312/000114036125032204/ef20054206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-032204

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