Cahill Represented Initial Purchasers and Lead Arrangers in ADT’s $1.3 Billion Debt Financings

October 24, 2025

Cahill represented the initial purchasers in connection with a Rule 144A offering of $1 billion aggregate principal amount of 5.875% first-priority senior secured notes due 2033 by The ADT Security Corporation.

Proceeds from the offering were used for a refinancing. Cahill also represented the lead arrangers in connection with a $300 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, together with other available funds, to redeem all the 2028 Second Lien Notes.

ADT is a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States.