secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001193125-24-271603
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin issues $3.55B in senior notes and replaces secured term loans with unsecured revolver
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- Issued $1B 5.125% 2029 notes, $1B 5.375% 2031 notes, $1B 5.5% 2034 notes, $550M 5.95% 2054 notes.
- Net proceeds ~$3.519B used to repay in full senior secured term loan facilities due 2028 and 2030.
- Entered new $1B unsecured revolving credit facility maturing Dec 2029 with two one-year extensions.
- Terminated existing secured credit agreement from 2018 as amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000119312524271603/0001193125-24-271603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000119312524271603/d896321d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-271603

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