Repay (RPAY) Announces Launch of Convertible Notes Offering
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REPAY Announces Launch of Convertible Notes Offering
July 2, 2024 4:05 PM UTCATLANTA--(BUSINESS WIRE)-- Repay Holdings Corporation (NASDAQ: RPAY) (REPAY or the Company) today announced that it intends to offer, subject to market and other conditions, $260 million aggregate principal amount of its convertible senior notes due 2029 (the Convertible Notes).
The Company also intends to grant to the initial purchasers of the Convertible Notes an option to purchase up to an additional $27.5 million aggregate principal amount of the Convertible Notes for settlement within a 13-day period beginning on, and including, the first day on which the Convertible Notes are issued.
The Company... More
