APi Group upsizes revolver to $750M, extends maturity; approves 3-for-2 stock split

APi Group Corp

Revolver upsized by $250M to $750M; maturity extended to 5 years from closing date.
Applicable margin reduced: initially 1.50% (Term SOFR) and 0.50% (base); later based on leverage.
Credit spread adjustment on revolver removed; letter of credit fees margin reduced.
Board approves 3-for-2 stock split via dividend of 0.5 share per share; payable June 30, 2025, record June 16.
Cash paid in lieu of fractional shares; preferred stock conversion adjusted to 6M shares.

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