--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-229096" form_type: "8-K" ticker: "APG" cik: "0001796209" company_name: "APi Group Corp" filed_at: "2026-05-18T21:00:28+00:00" generated_at: "2026-05-18T21:06:54.635479+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # APi Group closes $500M 5.75% notes due 2034; revolver upsized to $1B ## Summary - Revolver commitments increased from $750M to $1.0B; maturity extended to May 14, 2031. - Term loan B maturity extended to May 14, 2033. - Issued $500M of 5.750% Senior Notes due 2034; proceeds for general corporate purposes including acquisitions. - Letter of credit sublimit increased from $250M to $300M; negative covenants modified for operational flexibility. ## SEC filing metadata - accession: 0001193125-26-229096 - form_type: 8-K - ticker: APG - cik: 0001796209 - company_name: APi Group Corp - filed_at: 2026-05-18T21:00:28+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/0001193125-26-229096-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/d69397d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-229096 - JSON: https://secwatch.observer/filing/0001193125-26-229096.json - Plain text: https://secwatch.observer/filing/0001193125-26-229096.txt ## Key facts - Debt Financings APi Group Corp incurred senior notes of $500,000,000 in aggregate principal amount of 5.750% Senior Notes due 2034 with Computershare Trust Company, N.A., as trustee at 5.750% per annum maturing June 1, 2034. - Instrument: senior notes - Principal: $500,000,000 in aggregate principal amount of 5.750% Senior Notes due 2034 - Counterparty: Computershare Trust Company, N.A., as trustee - Rate: 5.750% per annum - Maturity: June 1, 2034 - Event: incurrence source text: the Issuer completed its offering of $500,000,000 in aggregate principal amount of 5.750% Senior Notes due 2034 evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/0001193125-26-229096-index.htm - Debt Financings APi Group Corp amended credit facility of revolving credit commitments under the Credit Agreement were increased from $750 million to $1.0 billion with Citibank, N.A., as collateral agent and as administrative agent maturing the maturity date of the Revolving Credit Facility was extended to May 14, 2031. - Instrument: credit facility - Principal: revolving credit commitments under the Credit Agreement were increased from $750 million to $1.0 billion - Counterparty: Citibank, N.A., as collateral agent and as administrative agent - Maturity: the maturity date of the Revolving Credit Facility was extended to May 14, 2031 - Event: amendment source text: the revolving credit commitments under the Credit Agreement were increased from $750 million to $1.0 billion, through a $250 million incremental revolving credit facility (the “Revolving Credit Facility”); (ii) the maturity date of the Revolving Credit Facility was extended to May 14, 2031 evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/0001193125-26-229096-index.htm - Material Agreements APi Group Corp amended Amendment No. 9 to Credit Agreement with Citibank, N.A. valued at Revolving credit commitments increased from $750 million to $1.0 billion; letter of credit sublimit (effective 2026-05-14). - Action: amendment - Agreement: credit facility - Counterparty: Citibank, N.A. - Value: Revolving credit commitments increased from $750 million to $1.0 billion; letter of credit sublimit - Effective: 2026-05-14 source text: Amendment to Credit Agreement On May 14, 2026 (the "Effective Date"), APi Group DE, Inc. (the "Borrower" or "Issuer"), a Delaware corporation and wholly owned subsidiary of APi Group Corporation (the "Company"), entered into and closed the transactions contemplated by that certain Amendment No. 9 to Credit Agreement ("Amendment No. 9"), by and among the Borrower, the Company, as a guarantor, certain subsidiaries of the Borrower party thereto, as guarantors, Citibank, N.A., as collateral agent and as administrative agent (in such collective capacities, the "Agent"), and the lenders party thereto, which amends that certain Credit Agreement, dated as of October 1, 2019 evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/0001193125-26-229096-index.htm - Material Agreements APi Group Corp entered into Indenture for 5.750% Senior Notes due 2034 with Computershare Trust Company, N.A. valued at $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2034; mature June 1, 2034; intere (effective 2026-05-14). - Action: entry - Agreement: notes offering - Counterparty: Computershare Trust Company, N.A. - Value: $500,000,000 aggregate principal amount of 5.750% Senior Notes due 2034; mature June 1, 2034; intere - Effective: 2026-05-14 source text: Notes Offering On May 14, 2026, the Issuer completed its offering of $500,000,000 in aggregate principal amount of 5.750% Senior Notes due 2034 (the "Notes") in a transaction exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes were issued under an indenture, dated as of May 14, 2026 (the "Indenture"), by and among the Issuer, the guarantors party thereto and Computershare Trust Company, N.A., as trustee. evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000119312526229096/0001193125-26-229096-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.