SS&C Technologies Files 8-K Report

TL;DR

SS&C Tech filed a standard 8-K with financial exhibits.

AI Summary

On April 29, 2024, SS&C Technologies Holdings, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a standard reporting event for the company. No specific material events or transactions were detailed in the provided excerpt.

Why It Matters

This filing is a routine disclosure for SS&C Technologies Holdings, Inc., providing necessary financial information and exhibits to the SEC.

Risk Assessment

Risk Level: low — The filing appears to be a routine disclosure of financial statements and exhibits, not indicating any new material risks or events.

Key Numbers

• 001-34675 — Commission File Number (Identifies the company's filing with the SEC.)
• 71-0987913 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• SS&C Technologies Holdings, Inc. (company) — Registrant
• Delaware (jurisdiction) — State of Incorporation
• 80 Lamberton Road, Windsor, CT 06095 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share SSNC The Nasdaq Global Se
• $2,775 million — one of its subsidiaries to borrow up to $2,775 million in aggregate principal amount of increm
• $2,775 Million — Holdings, Inc. entitled "SS&C Announces $2,775 Million Refinancing of Term Loans" 104 The

Filing Documents

• ssnc-20240429.htm (8-K) — 43KB
• ssnc-ex99_1.htm (EX-99.1) — 11KB
• img79606320_0.jpg (GRAPHIC) — 5KB
• img164091651_0.jpg (GRAPHIC) — 9KB
• 0000950170-24-049433.txt ( ) — 199KB
• ssnc-20240429.xsd (EX-101.SCH) — 25KB
• ssnc-20240429_htm.xml (XML) — 4KB

01. Other Events

Item 8.01. Other Events On April 29, 2024, the Company issued a press release announcing that the Company intends for one of its subsidiaries to borrow up to $2,775 million in aggregate principal amount of incremental term B-8 loans (the "Loans") under its existing amended and restated credit agreement, dated April 16, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Credit Agreement"), by and among SS&C Technologies, Inc., SS&C Financing LLC, SS&C European Holdings SARL and SS&C Technologies Holdings Europe SARL, as the borrower, subject to market and other conditions. SS&C Technologies, Inc. expects to use the net proceeds of this offering, together with the net proceeds of other unsecured debt and cash on hand, to repay all amounts owed under the term B-3 loans, the term B-4 loans and the term B-5 loans under the Credit Agreement, as well as related fees and expenses. A copy of this press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The foregoing transactions are subject to conditions and are anticipated to close in the second quarter of 2024. However, there can be no assurance that the Company will be able to successfully complete the transactions, on the terms described above, or at all.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release, dated April 29, 2024, of SS&C Technologies Holdings, Inc. entitled "SS&C Announces $2,775 Million Refinancing of Term Loans" 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL Caution Regarding Forward-Looking Statements Certain information contained or incorporated by reference in this Current Report on Form 8-K constitutes forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, performance, underlying assumptions, and other statements that are other than statements of historical facts. Without limiting the foregoing, the words "believes", "anticipates", "plans", "expects", "estimates", "projects", "forecasts", "may", "assume", "intend", "will", "continue", "opportunity", "predict", "potential", "future", "guarantee", "likely", "target", "indicate", "would", "could" and "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements are accompanied by such words. Such statements reflect management's best judgment based on factors currently known but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, statements relating to the borrowing of the Loans, the anticipated use of the proceeds therefrom, and the risks discussed in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, which are on file with the Securities and Exchange Commission and can also be accessed on our website. Forward-looking statements speak only as of the date on which they are made and, ex