0001140361-26-021675
SEC filingBroadridge Financial Solutions closed $500 million 5.750% senior notes offering due 2036 on May 15, 2026, to repay outstanding 3.400% senior notes due 2026.
Broadridge Financial Solutions completed the issuance of $500 million aggregate principal amount of 5.750% Senior Notes due 2036 on May 15, 2026, pursuant to an underwriting agreement dated May 4, 2026, with J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC as representatives of the underwriters. The notes were issued under a base indenture and first supplemental indenture with U.S. Bank Trust Company, National Association as trustee. These senior unsecured obligations rank equally with the company's other senior unsecured debt but junior to secured debt and subsidiary liabilities. Key investor protections include optional redemption at a make-whole premium prior to February 15, 2036 (Treasury Rate + 25 bps), par redemption thereafter, and a mandatory change of control repurchase offer at 101% of principal. Restrictive covenants limit liens, sale-leasebacks, and certain mergers or asset sales, with standard events of default. The company intends to use net proceeds, combined with cash on hand, to repay its outstanding 3.400% senior notes due 2026, effectively refinancing shorter-term debt at a higher rate but extending maturity to 2036. White & Case LLP opined on the validity of the notes under New York and Delaware law. This transaction provides long-term capital structure stability while managing near-term maturities.