Rollins, Inc. Announces Pricing of its $500 Million of 5.25% Senior Notes due 2035

Core Viewpoint - Rollins, Inc. has announced the pricing of $500 million in 5.25% Senior Notes due 2035, with the offering expected to close on February 24, 2025, subject to customary closing conditions [1]. Group 1: Financial Details - The Senior Notes will mature on February 24, 2035, and are being offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S [1]. - The net proceeds from the offering are primarily intended to repay existing indebtedness under the Company's senior credit facility and for general corporate purposes, which may include dividends, share repurchases, acquisitions, working capital, and capital expenditures [1]. Group 2: Company Overview - Rollins, Inc. is a global consumer and commercial services company providing essential pest control services to over 2.8 million customers across multiple continents, employing more than 20,000 individuals from over 800 locations [4]. - The company operates under various brands, including Orkin, HomeTeam Pest Defense, and Clark Pest Control, among others [4].