---
schema_version: "secwatch.filing_event.v1"
accession: "0001703056-23-000151"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:43:22.585954+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ADT enters $300M receivables financing facility for solar installations via Mizuho Bank

## Summary
- Indirect subsidiaries Compass Solar and ADT Solar Finance signed a Receivables Financing Agreement with Mizuho Bank.
- Uncommitted revolving loan facility of up to $300M secured by solar installation receivables.
- Initial 1-year revolving period; if not extended, 300-month amortization to reduce loan to zero.
- Interest rate equals Term SOFR (plus 0.1% credit adjustment) plus 1.0% (3.5% after termination).
- ADT provided a Performance Support Agreement guaranteeing certain obligations under the facility.

## SEC filing metadata
- accession: 0001703056-23-000151
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000151/0001703056-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000151/adt-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703056-23-000151
- JSON: https://secwatch.observer/filing/0001703056-23-000151.json
- Plain text: https://secwatch.observer/filing/0001703056-23-000151.txt

## Key facts
- Debt Financings
  ADT Inc. incurred revolving credit of up to $300,000,000 with Mizuho Bank, Ltd. at term SOFR (plus a credit adjustment spread of 0.1%) plus 1.0% maturing initial revolving period of one year...followed by an amortization period of 300 months to maturity.
  - Instrument: revolving credit
  - Principal: up to $300,000,000
  - Counterparty: Mizuho Bank, Ltd.
  - Rate: term SOFR (plus a credit adjustment spread of 0.1%) plus 1.0%
  - Maturity: initial revolving period of one year...followed by an amortization period of 300 months to maturity
  - Event: incurrence
  source text: the Receivables Financing Agreement, among other things, provides for an uncommitted revolving loan facility in the aggregate principal amount of up to $300,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000151/0001703056-23-000151-index.htm

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