secwatch / observer
8-K filed February 26, 2025, 6:59 PM ET ticker LPLA CIK 0001397911
debt confidence high sentiment neutral materiality 0.60

LPL Financial Holdings Inc. (LPLA): debt financing — LPL issues $1.25B in senior notes: $750M 5.200% due 2030, $500M 5.650% due 2035

LPL Financial Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

LPL Financial Holdings Inc. incurred senior notes of $750.0 million aggregate principal amount of 5.200% Senior Notes due 2030 and $500.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 5.200% per year maturing March 15, 2030.

Instrument
senior notes
Principal
$750.0 million aggregate principal amount of 5.200% Senior Notes due 2030 and $500.0 million aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
5.200% per year
Maturity
March 15, 2030
Event
incurrence
Exact text from the filing
On February 26, 2025, LPL Holdings, Inc. (the “Company”), a wholly-owned subsidiary of LPL Financial Holdings Inc. (the “Guarantor”), completed the issuance and sale of $750.0 million aggregate principal amount of 5.200% Senior Notes due 2030 (the “2030 Notes”) and $500.0 million aggregate principal amount of 5.650% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Senior Notes”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

LPL Financial Holdings Inc. incurred senior notes of $750.0 million aggregate principal amount of 5.200% Senior Notes due 2030 with U.S. Bank Trust Company, National Association at 5.200% per year maturing March 15, 2030.

Instrument
senior notes
Principal
$750.0 million aggregate principal amount of 5.200% Senior Notes due 2030
Counterparty
U.S. Bank Trust Company, National Association
Rate
5.200% per year
Maturity
March 15, 2030
Event
incurrence
Exact text from the filing
The Senior Notes were issued pursuant to an Indenture, dated November 17, 2023, among the Company, the Guarantor and U.S. Bank Trust Company, National Association, as trustee (the “Base Indenture”), as supplemented by the Fourth Supplemental Indenture, dated February 26, 2025 (the “Fourth Supplemental Indenture”), and by the Fifth Supplemental Indenture, dated February 26, 2025 (the “Fifth Supplemental Indenture,” and, together with the Base Indenture and the Fourth Supplemental Indenture, the “Indenture”).
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

LPL Financial Holdings Inc. incurred senior notes of $500.0 million aggregate principal amount of 5.650% Senior Notes due 2035 with U.S. Bank Trust Company, National Association at 5.650% per year maturing March 15, 2035.

Instrument
senior notes
Principal
$500.0 million aggregate principal amount of 5.650% Senior Notes due 2035
Counterparty
U.S. Bank Trust Company, National Association
Rate
5.650% per year
Maturity
March 15, 2035
Event
incurrence
Exact text from the filing
The Senior Notes were issued pursuant to an Indenture, dated November 17, 2023, among the Company, the Guarantor and U.S. Bank Trust Company, National Association, as trustee (the “Base Indenture”), as supplemented by the Fourth Supplemental Indenture, dated February 26, 2025 (the “Fourth Supplemental Indenture”), and by the Fifth Supplemental Indenture, dated February 26, 2025 (the “Fifth Supplemental Indenture,” and, together with the Base Indenture and the Fourth Supplemental Indenture, the “Indenture”).
View on SEC.gov

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LPL Financial Holdings Inc. filing history →

Source: SEC EDGAR
accession 0001193125-25-036781
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