debt
confidence high
sentiment neutral
materiality 0.65
LPL Holdings issues $1.25B in senior notes (5.200% 2030, 5.650% 2035)
LPL Financial Holdings Inc.
- $750M 5.200% senior notes due 2030 issued at 99.856% of par.
- $500M 5.650% senior notes due 2035 issued at 99.783% of par.
- Proceeds to repay revolving credit facility borrowings and for general corporate purposes.
- Offering made under existing S-3 shelf registration; closing subject to customary conditions.
- Notes are fully and unconditionally guaranteed by LPL Financial Holdings Inc.