Cahill Represents Lead Arrangers in ADT’s $600 Million Credit Facility
Date: 03/07/25
Cahill represented the lead arrangers in connection with a $600 million incremental Term B loan amendment for Prime Security Services Borrower, LLC and The ADT Security Corporation.
Proceeds from the credit facility will be used to redeem a portion of existing first-priority senior secured notes due 2026 and for general corporate purposes.