CommScope Enters Material Definitive Agreement
Ticker: VISN · Form: 8-K · Filed: Dec 17, 2024 · CIK: 1517228
| Field | Detail |
|---|---|
| Company | Commscope Holding Company, Inc. (VISN) |
| Form Type | 8-K |
| Filed Date | Dec 17, 2024 |
| Risk Level | medium |
| Pages | 13 |
| Reading Time | 15 min |
| Key Dollar Amounts | $0.01, $1,000 million, $1,274.6 million, $3,150 million, $250 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, regulation-fd
Related Tickers: CommScope Holding Company, Inc.
TL;DR
CommScope signed a new deal, expect financial updates.
AI Summary
On December 17, 2024, CommScope Holding Company, Inc. entered into a material definitive agreement. This filing also discloses the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant, and includes a Regulation FD disclosure. Financial statements and exhibits are also part of this filing.
Why It Matters
This filing indicates CommScope has entered into a significant new agreement, potentially impacting its financial obligations and future business operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Players & Entities
- CommScope Holding Company, Inc. (company) — Registrant
- December 17, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did CommScope Holding Company, Inc. enter into?
The filing states that CommScope Holding Company, Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the significance of the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' item?
This item indicates that the company has undertaken new financial commitments, either directly or through off-balance sheet arrangements, which could impact its financial standing.
What is the purpose of the Regulation FD Disclosure?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to all investors simultaneously, preventing selective disclosure.
When was this 8-K filing submitted?
This 8-K filing was submitted on December 17, 2024.
What is CommScope Holding Company, Inc.'s principal executive office address?
CommScope Holding Company, Inc.'s principal executive offices are located at 3642 E. US Highway 70, Claremont, North Carolina 28610.
Filing Stats: 3,822 words · 15 min read · ~13 pages · Grade level 14.4 · Accepted 2024-12-17 16:42:03
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share COMM The NASDAQ Stock Mar
- $1,000 million — including (i) the issuance and sale of $1,000 million in aggregate principal amount of New Se
- $1,274.6 million — y, (ii) redeem all of the approximately $1,274.6 million in outstanding aggregate principal amou
- $3,150 million — n initial aggregate principal amount of $3,150 million (the "New Term Loan Facility"). The New
- $250 million — the expected repayment of approximately $250 million of borrowing outstanding under the Revo
- $500 m — the redemption date, in an amount up to $500 million, where the redemption payment is
- $750 million — committed amount from $1,000 million to $750 million in connection with the sale of OWN/DAS.
Filing Documents
- d664485d8k.htm (8-K) — 52KB
- d664485dex41.htm (EX-4.1) — 1177KB
- d664485dex101.htm (EX-10.1) — 1165KB
- d664485dex102.htm (EX-10.2) — 1340KB
- d664485dex991.htm (EX-99.1) — 16KB
- 0001193125-24-280519.txt ( ) — 4735KB
- comm-20241217.xsd (EX-101.SCH) — 3KB
- comm-20241217_lab.xml (EX-101.LAB) — 17KB
- comm-20241217_pre.xml (EX-101.PRE) — 11KB
- d664485d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 17, 2024 COMMSCOPE HOLDING COMPANY, INC. By: /s/ Justin C. Choi Justin C. Choi Senior Vice President, Chief Legal Officer and Secretary