secwatch.observer — SEC 8-K summary
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Issuer:     APi Group Corp (APG)
CIK:        0001796209
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001628280-23-041898
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APi Group pays down $175M on Term Loan; $475M YTD, leverage target <2.5x
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- Paid down an additional $175M on Term Loan due 2026; $330M remains outstanding.
- Total debt repaid year-to-date is $475M.
- Expects 2023 year-end net leverage ratio below 2.5x.
- CFO cites balance sheet strength for returning to bolt-on M&A in 2023 and growing adjusted free cash flow in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1796209/000162828023041898/0001628280-23-041898-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1796209/000162828023041898/apg-20231219.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-041898

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