agent (the “Administrative Agent”), and the other parties party thereto, which amends and restates that certain Eighth Amended and Restated First Lien Credit Agreement, dated as of July 1, 2015, as amended and restated on May 2, 2016, June 23, 2016, December 28, 2016, February 13, 2017, June 29, 2017, March 16, 2018, December 3, 2018 and March 15, 2019 (effective April 4, 2019) (the “First Lien Credit Agreement”), by and among the Issuer, as borrower, Holdings, the lenders party thereto from time to time, the Administrative Agent and the other parties named therein (as amended and restated by the Credit Agreement Amendment, the “Amended and Restated Credit Agreement”). Pursuant to the Credit Agreement Amendment, the Issuer incurred $3,110 million aggregate principal amount of term loans due 2026, subject to the repayment, extension or refinancing with longer maturity debt of certain of the Issuer’s other indebtedness (the “Refinancing Term Loans”).
The Credit Agreement Amendment amends the First Lien Credit Agreement to, among other things, (i) extend the maturity date of the term loans to the date that is seven years after the effective date of the Credit Agreement Amendment, subject to a springing maturity if certain long term indebtedness of the Issuer and its subsidiaries is not refinanced, (ii) reset the scheduled quarterly amortization payments to an annual amount equal to 1.0% of the original principal amount of the Refinancing Term Loans and (iii) make other changes to, among other things, provide the Issuer with additional flexibility to incur additional indebtedness and fund future distributions to the holders of our shares of common stock.
Tender Offer Results
The Company also announced the results of the previously announced tender offer to purchase for cash (the “Tender Offer”) any and all of the ADTSC’s 2020 Notes. As of 12:00 a.m., New York City time, at the end of September 19, 2019, the tender deadline with respect to the Tender Offer (the “Expiration Time”), ADT has been advised by D.F. King & Co., Inc., tender and information agent for the Tender Offer, that ADTSC has received tenders from the holders of $147,252,000 aggregate principal amount of the 2020 Notes pursuant to the Tender Offer, representing approximately 49.08% of the outstanding 2020 Notes, as well as $34,000 aggregate principal amount subject to the guaranteed delivery procedure described in the tender offer documents.
ADTSC has accepted for purchase all of the 2020 Notes validly tendered and not withdrawn prior to the Expiration Time. Each holder who validly tendered its 2020 Notes in the Tender Offer prior to the Expiration Time, and did not validly withdraw such notes, will receive $1,013.15 for each $1,000 principal amount of 2020 Notes. Payment for 2020 Notes validly tendered and not withdrawn will be promptly made in accordance with the terms of the tender offer.
Notice of Redemption
In addition, ADTSC delivered a Notice of Redemption (the “Redemption Notice”) today with respect to its outstanding 2020 Notes. The Redemption Notice was issued pursuant to the Indenture, dated as of March 19, 2014, as supplemented by the Officer’s
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