---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-125091"
form_type: "8-K"
ticker: "APG"
cik: "0001796209"
company_name: "APi Group Corp"
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T18:38:46.713088+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-125091
- form_type: 8-K
- ticker: APG
- cik: 0001796209
- company_name: APi Group Corp
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796209/000119312525125091/0001193125-25-125091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000119312525125091/d56815d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-125091
- JSON: https://secwatch.observer/filing/0001193125-25-125091.json
- Plain text: https://secwatch.observer/filing/0001193125-25-125091.txt

## Key facts
- Debt Financings
  APi Group Corp amended revolving credit of $750 million with Citibank, N.A., as collateral agent and as administrative agent at Term SOFR rate plus an applicable margin ranging from 1.25% to 2.00% per annum maturing the fifth anniversary of the Amendment No. 8 Effective Date.
  - Instrument: revolving credit
  - Principal: $750 million
  - Counterparty: Citibank, N.A., as collateral agent and as administrative agent
  - Rate: Term SOFR rate plus an applicable margin ranging from 1.25% to 2.00% per annum
  - Maturity: the fifth anniversary of the Amendment No. 8 Effective Date
  - Event: amendment
  source text: the “ Credit Agreement ”). Pursuant to Amendment No. 8, on the Amendment No. 8 Effective Date (i) the revolving credit commitments were refinanced and upsized by $250 million to $750 million (the “ Revolving Credit Facility ”), (ii) the applicable margin with respect to the interest rate for the Revolving Credit Facility was reduced, (iii) the revolving credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000119312525125091/0001193125-25-125091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.