Adt announces upsize and pricing of first-priority senior secured notes

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 today 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, priced their offering of $1,000 million aggregate principal amount of 3.375% first-priority senior secured notes due 2027 (the “notes”), which represents an increase of $250 million from the aggregate principal amount previously disclosed, that are exempt from the registration requirements of the securities act of 1933, as amended (the “securities act”) (the “offering”).
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