secwatch.observer — SEC 8-K summary
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Issuer:     Motorola Solutions, Inc. (MSI)
CIK:        0000068505
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001193125-25-161886
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorola Solutions enters $1.5B in delayed-draw term loans to fund Silvus acquisition
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- 364-day delayed-draw term loan of $750M with Mizuho Bank as administrative agent; maturity 364 days from funding date.
- Three-year delayed-draw term loan of $750M with Bank of America as administrative agent; maturity three years from funding date.
- Both facilities finance a portion of Silvus Acquisition consideration, refinance Silvus debt, and pay fees.
- Commitments terminate if Silvus acquisition not closed by May 26, 2026; borrowings subject to leverage ratio covenant.
- Interest rates based on Term SOFR or base rate plus applicable margin; ticking and extension fees apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/68505/000119312525161886/0001193125-25-161886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/68505/000119312525161886/d944852d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-161886

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