ADT Corp. (ADT) Announces Notes Offering

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 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, are proposing to issue and sell $750 million aggregate principal amount of first-priority senior secured notes due 2027 (the “Notes”) in an offering that will be exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”).

Upon the satisfactory consummation of the Offering, The ADT Security Corporation (“ADTSC”), an indirect wholly owned subsidiary of the Company, intends to deliver a Notice of Redemption to holders of its 6.250% Senior Notes due 2021 (the “2021 Notes”), which will provide for the redemption by ADTSC of $750 million aggregate principal amount of the outstanding 2021 Notes (the “Redemption”).

The Issuers expect to use the proceeds from the Offering, along with cash on hand, to (i) redeem $750 million outstanding aggregate principal amount of the 2021 Notes in the Redemption and (ii) pay related fees and expenses in connection with the transactions.

The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States, only to non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws.

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