ADT Inc. Announces Amendment to Credit Agreement and New Term Loan Facility

ADT Inc. has entered into an Incremental Assumption and Amendment Agreement No. 21, amending its existing credit agreement to include $300 million in incremental first lien senior secured term B-2 loans. The proceeds from these loans, along with funds from an offering of 5.875% first-priority senior secured notes due 2033 and cash on hand, were used to redeem all $1.3 billion of the 6.250% Second-Priority Senior Secured Notes due 2028. Additionally, ADT Inc. entered into a new term loan credit agreement for $325 million in first lien senior secured term A loans, which will mature on October 28, 2030. These term A loans will be used for general corporate purposes, including the repayment or redemption of outstanding indebtedness. The amendment and new term loan facility are part of ADT Inc.'s broader financial strategy to manage its debt obligations and optimize its capital structure.