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Prospect News home > News index > List of issuers A > Headlines for APX Group Holdings Inc. > News item
Published on 9/16/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Vivint Smart Home unit’s 8¾% notes to be redeemed following merger

By Sarah Lizee

Olympia, Wash., Sept. 16 – Vivint Smart Home, Inc.’s subsidiary APX Group Holdings, Inc.’s $250 million of its 8¾% senior notes due 2020 are expected to be redeemed following the merger of Vivint Smart Home and a subsidiary of Mosaic Acquisition Corp., according to an 8-K filing with the Securities and Exchange Commission.

Mosaic said it will use cash proceeds to repay some of Vivint’s debt, including the notes due 2020.

Vivint is a Provo, Utah, home automation services provider.


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