Repay Holdings Closes $287.5 Million Convertible Notes Offering-March 2024-www.financetom.com

Repay Holdings Closes $287.5 Million Convertible Notes Offering

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Repay Holdings Closes $287.5 Million Convertible Notes Offering

Jul 8, 2024 2:04 PM

04:31 PM EDT, 07/08/2024 (MT Newswires) -- Repay Holdings ( RPAY ) said Monday it has closed its offering of $287.5 million of its 2.875% convertible senior notes due 2029, including the full exercise of over-allotment option.

"The transaction fortifies our balance sheet by addressing $220.0 million principal amount of our 2026 maturities, while providing us with financial flexibility to continue focusing on profitable growth and cash generation," said CEO John Morris.

Previous page： CarMax Delivered 'Solid' Q4 Results, Tariffs Will Be 'Mixed Bag,' Truist Says Next page： Polestar Automotive Offers Discounts to Attract Tesla Owners

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

CarMax Delivered 'Solid' Q4 Results, Tariffs Will Be 'Mixed Bag,' Truist Says

Apr 10, 2025

10:41 AM EDT, 04/10/2025 (MT Newswires) -- CarMax ( KMX ) delivered solid Q4 results, with improvements that were driven by consumers adjusting to higher prices and modestly better affordability, Truist analysts said in a Thursday note. Referring to tariffs, Truist analysts said they expect levies to be a mixed bag for the company as higher new auto prices could...

Polestar Automotive Offers Discounts to Attract Tesla Owners

Apr 10, 2025

10:38 AM EDT, 04/10/2025 (MT Newswires) -- Polestar Automotive (PSNY) launched a campaign in April to attract Tesla (TSLA) owners in the US by offering up to $20,000 discount on the lease of its Polestar 3 vehicle. On its website, the company said Polestar 3 leases are available with $15,000 clean vehicle incentive and Tesla owners who make the switch...

Google agrees $36 million fine for anti-competitive deals with Australia telcos

Aug 17, 2025

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Delta Air Lines Poised to Navigate US Airline Industry Earnings Woes, Deutsche Bank Says

Apr 10, 2025

10:38 AM EDT, 04/10/2025 (MT Newswires) -- Delta Air Lines ( DAL ) is best-positioned to withstand a potential earnings recession in the US airline industry this year, Deutsche Bank said Thursday in a note. Although domestic markets are facing challenges and visibility on international and premium travel are murky beyond late spring/early summer, we still expect Delta to generate...