APX Group Holdings, Inc. announced that its wholly owned subsidiary, APX Group, Inc. intends, subject to market and other conditions, to offer $300,000,000 aggregate principal amount of its 7.875% Senior Secured Notes due 2022 in a private placement. The Notes are expected to constitute a further issuance of the $600 million aggregate principal amount of 7.875% senior notes due 2022 that were issued in May 2016 and August 2016. The Issuer intends to use the net proceeds from the Notes offering to redeem up to $300 million aggregate principal amount of the Issuer’s outstanding 6.375% Senior Secured Notes due 2019 and pay the related redemption premium, and to pay all fees and expenses related thereto and any remaining proceeds for general corporate purposes. The partial redemption of the 2019 Notes is conditioned on the consummation of the Notes offering. No assurances may be given that these transactions will be completed on the timeline, in the amount, or on the terms presently contemplated by the company or at all.