Resideo repays $900 million term loan debt after ADI spin-off completion

Reuters2026/08/04 10:11

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Resideo completed the ADI Global Distribution spin-off, repaying USD 900 million of principal under its Term Loan B facility.
Targets an additional Term Loan B repayment of about USD 200 million following the post-closing cash adjustment, expected by fiscal Q3-end.
Series A Cumulative Convertible Participating Preferred Stock cut by 150,000 shares to 350,000 outstanding; conversion price adjusted proportionally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resideo Technologies Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY17504) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Resideo repays $900 million term loan debt after ADI spin-off completion

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