On May 3, 2022, CDK Global, Inc. and U.S. Bank Trust Company, National Association, as trustee (the Trustee), entered into a First Supplemental Indenture (the 2024 Notes First Supplemental Indenture) to the Indenture, dated as of October 14, 2014, between the Company and the Trustee, which governs the company's 4.500% Senior Notes due 2024, the interest rate of which adjusts from time to time and is currently 5.000% (the 2024 Notes), First Supplemental Indenture (the 2027 Notes First Supplemental Indenture) to the Indenture, dated as of May 15, 2017, between the Company and the Trustee (the 2027 Notes Indenture), which governs the Company's 4.875% Senior Notes due 2027 (the 2027 Notes) and First Supplemental Indenture (the 2029 Notes First Supplemental Indenture and together with the 2024 Notes First Supplemental Indenture and 2027 Notes First Supplemental Indenture, the Supplemental Indentures) to the Indenture, dated as of May 15, 2019, between the Company and the Trustee (the 2029 Notes Indenture and together with the 2024 Notes Indenture and the 2027 Notes Indenture, the Indentures), which governs the Company's 5.250% Senior Notes due 2029 (the 2029 Notes and together with the 2024 Notes and the 2027 Notes, the Notes). The Supplemental Indentures amend each Indenture to, among other things, eliminate any obligation to make a Change of Control Offer (as defined in the applicable Indenture), substantially all of the other restrictive covenants and certain events of default and other provisions.
1st Jan change | Capi. | |
---|---|---|
+11.24% | 316B | |
+24.43% | 212B | |
+2.51% | 147B | |
+11.25% | 56.54B | |
+9.81% | 32.23B | |
-1.28% | 29.66B | |
+93.22% | 21.88B | |
+20.22% | 19.71B | |
-0.34% | 14.5B |