secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001193125-26-065365
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions: >99% of 6.5% Senior Secured Notes tendered for 9% notes due 2030
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- $589.9M principal (99.13% of outstanding) tendered; consent to eliminate covenants and release collateral obtained.
- Holders of tendered notes receive per $1,000: $946.77 in new 9% notes due 2030 plus $74.06 cash.
- Concurrent Term Loans: >99% of lenders agreed to support and participate in Term Loans Transactions.
- Settlement expected March 11, 2026; new notes unregistered, offered only to QIBs/accredited/Reg S.
- Existing 6.5% notes due 2028; new notes due 2030, higher coupon reflects extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000119312526065365/0001193125-26-065365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000119312526065365/d90578d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-065365

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