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ADT Announces $1.0 Billion Notes Offering
Globenewswireยท 2025-09-30 12:44
Core Viewpoint - ADT Inc. is proposing to issue $1.0 billion in first-priority senior secured notes due 2033 to fund the redemption of $1.3 billion in outstanding second-priority senior secured notes due 2028 [1][2]. Group 1: Offering Details - The offering will be exempt from the registration requirements of the Securities Act of 1933 [1]. - The proceeds from the offering, along with an additional $300 million in incremental first lien senior secured term loans and cash on hand, will be used to redeem all outstanding second-priority senior secured notes [2]. - The notes are being offered only to qualified institutional buyers and non-U.S. investors, and will not be registered under the Securities Act [3]. Group 2: Company Overview - ADT provides safe, smart, and sustainable solutions for homes and small businesses, focusing on innovative offerings and premium customer experience [5].