Cahill Represents Lead Arrangers in ADT’s $550 Million Credit Facility
Date: 07/25/25
Cahill represented the lead arrangers in connection with a $550 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.
ADT Inc., formerly the ADT Corporation, is an American security company that provides residential and small business electronic security, fire protection, and other related alarm monitoring services.