Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LPL Financial Holdings Inc. incurred senior notes of $750 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.750% per year maturing November 17, 2028.
- Instrument
- senior notes
- Principal
- $750 million aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 6.750% per year
- Maturity
- November 17, 2028
- Event
- incurrence
Exact text from the filing
On November 17, 2023, LPL Holdings, Inc. (the “Company”), a wholly-owned subsidiary of LPL Financial Holdings Inc. (the “Guarantor”), completed the issuance and sale of $750 million aggregate principal amount of 6.750% Senior Notes due 2028 (the “Senior Notes”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LPL Financial Holdings Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $750 million (effective 2023-11-17).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association, as trustee
- Value
- $750 million
- Effective
- 2023-11-17
Exact text from the filing
On November 17, 2023, LPL Holdings, Inc. (the “Company”), a wholly-owned subsidiary of LPL Financial Holdings Inc. (the “Guarantor”), completed the issuance and sale of $750 million aggregate principal amount of 6.750% Senior Notes due 2028 (the “Senior Notes”). The Senior Notes were issued pursuant to an Indenture, dated November 17, 2023, among the Company, the Guarantor and U.S. Bank Trust Company, National Association, as trustee (the “Base Indenture”), as supplemented by the First Supplemental Indenture, dated November 17, 2023 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”).
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