ADT Inc. enters into two credit agreements, borrows $625M, redeems $1.3B of 6.25% second-lien notes

ADT Inc.

• On Oct 24, 2025, ADT subsidiaries incurred $300M incremental first lien term B-2 loans under a credit agreement amendment with Barclays as administrative agent.
• On Oct 28, 2025, ADT subsidiaries entered into a $325M term loan credit agreement with Fifth Third Bank as administrative agent for general corporate purposes.
• Proceeds from the incremental term loans and a 5.875% senior secured notes offering were used to redeem all $1.3B of 6.250% second-priority notes due 2028 on Oct 25, 2025.
• The term A loans bear interest at SOFR plus 1.50% or base rate plus 0.50%, with quarterly amortization starting March 31, 2026, and a springing maturity tied to other debt.
• The redemption price for the second-priority notes was 100% of principal plus accrued interest of $22.57 million, paid on Oct 27, 2025.