secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001193125-24-281320
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo reprices $1.12B term loans; margin cut 25bps to SOFR+1.75%
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- Initial Term B Tranche ($517.8M, maturing Feb 2028) and Incremental Term B Tranche ($598.5M, maturing May 2031) repriced.
- Interest margin reduced from Term SOFR+2.00% to Term SOFR+1.75% (25bps reduction).
- Call protection reinstated: 1.00% prepayment premium for repricing transactions within 6 months.
- Amendment effective December 16, 2024; no other changes to credit agreement terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000119312524281320/0001193125-24-281320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000119312524281320/d848990d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-281320

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