secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001193125-24-180420
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo issues $600M 6.500% Senior Notes due 2032 to repay Term B loans
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- $600M aggregate principal of 6.500% Senior Notes due July 15, 2032 issued by subsidiary Resideo Funding Inc.
- Net proceeds used to repay $596.3M of outstanding Term B loans (due 2028) plus accrued interest.
- Interest paid semi-annually on Jan 15 and Jul 15 at 6.500% per annum, first payment Jan 15, 2025.
- Notes are unsecured senior obligations, guaranteed by parent and certain domestic subsidiaries.
- Indenture includes customary covenants, change-of-control put at 101%, and optional redemption at make-whole prior to July 15, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000119312524180420/0001193125-24-180420-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000119312524180420/d824487d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-180420

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