---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-102465"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:54:43.193284+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions completes debt exchange: $559M new 9% notes due 2030, $1.035B term loan

## Summary
- Exchanged $590.6M of 6.50% existing notes for $559.1M of 9.000% notes due 2030 and $43.7M cash.
- New term loan facility of approximately $1.035B at SOFR + 6.00%, maturing in 2030.
- Amended revolving credit facility upsized to $500M, maturing earlier of 2030 or 91 days before term loan/notes.
- 99.24% of existing notes tendered; existing first lien credit agreement terminated.
- Interest expense increases from 6.50% to 9.00% on exchanged notes, reflecting higher leverage cost.

## SEC filing metadata
- accession: 0001193125-26-102465
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000119312526102465/0001193125-26-102465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000119312526102465/d98939d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-102465
- JSON: https://secwatch.observer/filing/0001193125-26-102465.json
- Plain text: https://secwatch.observer/filing/0001193125-26-102465.txt

## Key facts
- Debt Financings
  Advantage Solutions Inc. incurred senior notes of aggregate principal amount of approximately $559.1 million of New Notes with Wilmington Trust, National Association at 9.000% per annum maturing November 15, 2030.
  - Instrument: senior notes
  - Principal: aggregate principal amount of approximately $559.1 million of New Notes
  - Counterparty: Wilmington Trust, National Association
  - Rate: 9.000% per annum
  - Maturity: November 15, 2030
  - Event: incurrence
  source text: On the Settlement Date, the Company paid an aggregate of approximately $43.7 million in cash consideration and issued an aggregate principal amount of approximately $559.1 million of New Notes in exchange for the Tendered Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000119312526102465/0001193125-26-102465-index.htm

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