Rollins (ROL) Prices $500M Notes Offering

Rollins, Inc. (NYSE: ROL) ("Rollins" or the "Company") announced today that it priced $500,000,000 aggregate principal amount of its 5.25% Senior Notes due 2035 (the "Notes"). The offering is expected to close on February 24, 2025 subject to customary closing conditions. The Notes will mature on February 24, 2035. The Notes have been offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. Rollins expects to use the net proceeds from this offering primarily to repay indebtedness incurred under the Company's senior credit facility, as well as for general corporate purposes, which may include dividends, share repurchases, acquisitions, working capital and capital expenditures. The Notes will be guaranteed by the Company's subsidiaries that are guarantors under its senior credit facility.

The Notes will not be registered under the Securities Act or the securities laws of any state or any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws and foreign securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities nor will there be any sales of the Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. This notice is being issued pursuant to and in accordance with Rule 135c of the Securities Act.

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