LPL Financial Holdings Inc. (NASDAQ:LPLA) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure. |
On March8, 2017, LPL Financial Holdings Inc. (the Company) issued
a press release announcing the pricing of the new senior secured
credit facilities of its wholly owned subsidiary, LPL Holdings,
Inc. (LPL Holdings). The new senior secured credit facilities are
expected to close on March10, 2017, subject to customary closing
conditions. The new senior secured credit facilities are part of
LPL Holdings previously announced leverage-neutral debt
refinancing. A copy of the press release is attached as Exhibit
99.1 to this Current Report on Form 8-K.
Exhibit 99.1 shall not be deemed filed for purposes of Section18
of the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities under that Section
and shall not be deemed to be incorporated by reference into any
filing of the Company under the Securities Act of 1933, as
amended, or the Exchange Act.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
| 99.1 |
Press Release dated March8, 2017 (LPL Financial Announces Pricing of Senior Secured Credit Facilities) |
About LPL Financial Holdings Inc. (NASDAQ:LPLA)
LPL Financial Holdings Inc. is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a platform of brokerage and investment advisory services to independent financial advisors (its advisors), including financial advisors at approximately 700 financial institutions across the country. Through its advisors, the Company is a distributor of financial products and services in the United States. The Company provides its technology and service to advisors through a technology platform that is server-based and Web-accessible. The Company’s platform provides access to approximately 790 product providers that offer the various product lines, such as insurance-based products, alternative investments, structured products, mutual funds, separately managed accounts, exchange traded products, unit investment trusts, retirement plan products and annuities. LPL Financial Holdings Inc. (NASDAQ:LPLA) Recent Trading Information
LPL Financial Holdings Inc. (NASDAQ:LPLA) closed its last trading session up +0.34 at 38.77 with 490,240 shares trading hands.
