secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0001193125-23-279796
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LPL Financial closes $750M 6.750% Senior Notes due 2028; proceeds to repay revolver
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- $750M aggregate principal of 6.750% Senior Notes due November 17, 2028.
- Interest payable semi-annually on May 17 and November 17, starting May 17, 2024.
- Net proceeds to repay outstanding revolving credit facility borrowings and for general corporate purposes.
- Notes are fully and unconditionally guaranteed on a senior unsecured basis by LPL Financial Holdings Inc.
- Make-whole redemption at T+35 bps prior to Oct 17, 2028; thereafter at par.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000119312523279796/0001193125-23-279796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000119312523279796/d544123d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-279796

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