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8-K2026-05-06· grok-4-1-fast-non-reasoning

BR · Broadridge Financial Solutions, Inc.

0001140361-26-019332

SEC filing

Summary

Broadridge Financial Solutions entered into an underwriting agreement for a $500 million 5.750% senior notes offering due 2036, priced at 99.700% with expected closing on May 15, 2026.

Key takeaways

Full analysis

Broadridge Financial Solutions announced a $500 million senior notes offering through an underwriting agreement dated May 4, 2026, with lead managers J.P. Morgan Securities, BofA Securities, Morgan Stanley, and Wells Fargo Securities representing 17 total underwriters. The notes carry a 5.750% coupon, mature May 15, 2036, and were priced at 99.700% of par yielding 5.790% (T+135bps over the 4.125% Treasury due Feb 2036). Underwriters committed to purchase at 99.050% plus accrued interest. The offering utilizes Broadridge's shelf registration (S-3 File No. 333-289263) with prospectus supplement filed May 5, 2026. Settlement is targeted for May 15, 2026 (T+9), subject to customary closing conditions including no material adverse changes. Proceeds will refinance maturing 3.400% senior notes due 2026, extending debt maturity profile and locking in current rates ahead of 2026 refinancing needs. Optional redemption features include make-whole prior to February 15, 2036 (Treasury +25bps) and par thereafter. The deal structure includes standard representations, indemnification, and termination provisions. Exhibit 99.1 press release confirms pricing and use of proceeds, noting Item 8.01 information is not 'filed' for Exchange Act purposes.