ADT Corp. (ADT) Announces Notes Offering

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ADT Announces Notes Offering

August 6, 2020 7:31 AM EDT

BOCA RATON, Fla., Aug. 06, 2020 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (the Company or ADT), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, announced that Prime Security Services Borrower, LLC (the Issuer) and Prime Finance Inc. (the Co-Issuer and, together with the Issuer, the Issuers), its indirect wholly owned subsidiaries, are proposing to issue and sell $750 million aggregate principal amount of first-priority senior secured notes due 2027 (the Notes) in an offering that will be exempt from the registration requirements of the Securities Act of 1933, as amended (the... More