secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001193125-23-274043
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LPL Holdings issues $750M 6.75% senior notes due 2028; proceeds to repay revolver
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- $750M aggregate principal of senior notes due 2028 issued at 99.929% of par, bearing 6.750% interest.
- Notes are fully and unconditionally guaranteed by LPL Financial Holdings on a senior unsecured basis.
- Net proceeds to repay borrowings under LPL's existing revolving credit facility and for general corporate purposes.
- Offering consummated via underwriting agreement with Citigroup, J.P. Morgan, Morgan Stanley, U.S. Bancorp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000119312523274043/0001193125-23-274043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000119312523274043/d261837d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-274043

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