ADT Security calls portion of 4 1/8% senior notes due 2023

By Marisa Wong

Los Angeles, Feb. 10 – ADT Security Corp. (formerly ADT Corp.), a wholly owned subsidiary of ADT Inc., delivered a notice of partial redemption to holders of its outstanding 4 1/8% senior notes due 2023, according to an 8-K filing with the Securities and Exchange Commission.

The issuer will redeem $600.001 million of the notes on March 15 at par of $1,000, plus accrued interest.

After the partial redemption, $99.999 million of the 2023 notes will remain outstanding.

Wells Fargo Bank, NA is the trustee.

ADT is a Boca Raton, Fla., security services company.

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