Brief: Alarm.Com Announces Proposed Private Placement Of $350 Mln Of Convertible Senior Notes

Alarm.com Holdings

13/01/2021 21:25

Jan 13 (Reuters) - Alarm.com Holdings Inc  ALRM.O :
    * ALARM.COM ANNOUNCES PROPOSED PRIVATE PLACEMENT OF $350.0
MILLION
OF CONVERTIBLE SENIOR NOTES
    * ALARM.COM HOLDINGS INC - INTENDS TO OFFER $350.0 MILLION
OF
CONVERTIBLE SENIOR NOTES DUE 2026
    * ALARM.COM HOLDINGS INC - EXPECTS TO USE NET PROCEEDS FROM
OFFERING TO REPAY ALL OUTSTANDING BORROWINGS UNDER, AND
TERMINATE, ITS CREDIT AGREEMENT

Source text for Eikon:  ID:nBw3GBKB7a 
Further company coverage:  ALRM.O 

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