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ADT Corp Prices Private Offering Of Senior Notes


Tuesday, 24 Sep 2013 09:39pm EDT 

ADT Corp announced the pricing of its offering of $1,000,000,000 of 6.250% senior unsecured notes due 2021. ADT intends to use the net proceeds from the offering primarily to repay $150 million in borrowings under its revolving credit facility, repurchase outstanding shares of its common stock and for other general corporate purposes, including acquisitions. The offering is expected to close on or about October 1, 2013, 

Company Quote

33.795
0.865 +2.63%
21 Oct 2014