Broadridge Closes $500 Million Senior Notes Offering Due 2036
The financial technology giant secured ten-year debt at a 5.750 percent coupon with J.P. Morgan, BofA, Morgan Stanley, and Wells Fargo leading the underwriting syndicate.
May 18, 2026
Broadridge Financial Solutions, Inc. (NYSE: BR) closed a $500 million public offering of senior notes on May 15, 2026, adding a ten-year unsecured debt instrument to its balance sheet. The notes carry a fixed interest rate of 5.750 percent per annum and mature on May 15, 2036.
The Lake Success, New York-based financial technology company priced the offering on May 4, 2026, with J.P. Morgan Securities, BofA Securities, Morgan Stanley, and Wells Fargo Securities serving as representatives of the underwriting syndicate. The notes were issued under a registration statement on Form S-3 and supplemented by a prospectus dated May 4, 2026.
Terms and Structure
U.S. Bank Trust Company, National Association is serving as trustee under the indenture governing the notes. Interest will be paid semiannually on May 15 and November 15 of each year, beginning November 15, 2026.
The notes represent general unsecured senior obligations of the company and rank equally with all of Broadridge’s other unsecured senior indebtedness. Notably, the notes are not guaranteed by the company’s subsidiaries, through which Broadridge conducts substantially all of its operations. As a result, the notes effectively rank junior to all liabilities of those subsidiaries.
Redemption and Change of Control Provisions
Broadridge retains the option to redeem some or all of the notes prior to maturity at a price equal to 100 percent of principal plus accrued interest and a make-whole premium. If redeemed on or after February 15, 2036, no premium would apply. In the event of a change of control repurchase event, the company would be required to offer to purchase the notes at 101 percent of principal plus accrued interest.
Covenants and Legal Counsel
The indenture includes standard restrictive covenants limiting the company’s ability to create liens, engage in certain asset sales, mergers, or consolidations, and enter into sale-and-leaseback transactions, subject to customary exceptions. White and Case LLP provided legal opinions in connection with the offering. Ashima Ghei, Corporate Vice President and Chief Financial Officer, signed the disclosure on behalf of the company.
