Resideo refinances up to $2,827 million credit facilities ahead of ADI spin-off
On June 4, 2026, Resideo entered a second amended and restated credit agreement that provides up to approximately $2,827 million of senior secured financing, replacing its prior 2021 credit agreement. The filing says the amendment was made to facilitate the proposed spin-off of its ADI Global Distribution segment to common shareholders, and no new borrowings were made on the effective date.
Key points
- Financing comprises three term loans of approximately $518 million, $590 million and $1,219 million, plus a new $500 million revolving credit facility that was undrawn at closing.
- No new borrowings were made on June 4, 2026; up to $75 million of the revolver may be used for letters of credit.
- Term loans mature February 12, 2028, June 14, 2031 and August 13, 2032; the revolver matures five years after the effective date.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.