SS&C Technologies Files 8-K

Ticker: SSNC · Form: 8-K · Filed: 2024-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, SEC Filing, Financials

TL;DR

SS&C filed an 8-K, likely standard financial updates, no major news.

AI Summary

SS&C Technologies Holdings, Inc. filed an 8-K on May 2, 2024, reporting "Other Events" and "Financial Statements and Exhibits." The filing does not contain specific details about new events, financial results, or material agreements, but serves as a notification of information being filed.

Why It Matters

This 8-K filing indicates that SS&C Technologies Holdings, Inc. is providing updates or submitting required financial information to the SEC, which is standard for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a routine 8-K, indicating standard reporting procedures rather than a material event or significant change.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing by SS&C Technologies Holdings, Inc.?

The primary purpose of this 8-K filing is to report "Other Events" and "Financial Statements and Exhibits" as of May 2, 2024.

What is the exact date of the earliest event reported in this filing?

The date of the earliest event reported is May 2, 2024.

What is the principal executive office address for SS&C Technologies Holdings, Inc.?

The principal executive office address is 80 Lamberton Road, Windsor, CT 06095.

Under which section of the Securities Exchange Act of 1934 is this 8-K filed?

This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Does this filing indicate any specific new material events or financial results?

No, this filing does not specify any new material events or detailed financial results; it generally indicates the submission of financial statements and exhibits and other events.

Filing Stats: 838 words · 3 min read · ~3 pages · Grade level 13.2 · Accepted 2024-05-02 08:34:53

Key Financial Figures

Filing Documents

01. Other Events

Item 8.01. Other Events On May 2, 2024, the Company issued a press release announcing that the Company's wholly-owned subsidiary, SS&C Technologies, Inc., intends to offer $750 million in aggregate principal amount of Senior Notes due 2032 (the "Notes") in a private placement, 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 the previously-announced term B-8 loan and cash on hand, to repay all amounts owed under the term B-3 loan, the term B-4 loan and the term B-5 loan under its existing senior secured credit facilities, as well as to pay 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. This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits 99.1 Press Release, dated May 2, 2024, of SS&C Technologies Holdings, Inc. entitled "SS&C Announces Offering of $750 Million of Senior Notes" 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 offering of the Notes, 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, which is 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, except to the extent required by applicab

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