tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Priority Technology Launches New Senior Credit Facilities

Story Highlights
  • Priority Technology Holdings announced new senior credit facilities on July 8, 2025.
  • The initiative aims to refinance debt and support acquisitions, aligning with capital structure optimization.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Priority Technology Launches New Senior Credit Facilities

Elevate Your Investing Strategy:

Priority Technology Holdings ( (PRTH) ) has shared an announcement.

On July 8, 2025, Priority Technology Holdings announced the launch of new senior credit facilities, comprising a $70 million revolving credit facility and a $1 billion term loan. These facilities aim to refinance existing debt, partially finance a prospective acquisition, and settle considerations related to a prior acquisition. The initiative aligns with the company’s strategy to optimize its capital structure, supported by favorable debt market conditions and recent positive ratings from Moody’s and S&P. The transactions are expected to close in the third quarter of 2025, potentially impacting the company’s financial operations and market positioning.

The most recent analyst rating on (PRTH) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Priority Technology Holdings stock, see the PRTH Stock Forecast page.

Spark’s Take on PRTH Stock

According to Spark, TipRanks’ AI Analyst, PRTH is a Neutral.

Priority Technology Holdings shows strong revenue growth and operational improvements, particularly in its B2B and enterprise segments. However, significant leverage and a negative P/E ratio raise concerns about financial stability and valuation. Technical indicators and positive earnings call sentiment provide some bullish support.

To see Spark’s full report on PRTH stock, click here.

More about Priority Technology Holdings

Priority Technology Holdings, Inc. is a company that provides payments and banking solutions, enabling businesses to collect, store, lend, and send funds through a unified commerce engine. Their platform integrates payables, merchant services, and banking and treasury solutions to streamline financial operations and support business growth.

Average Trading Volume: 522,540

Technical Sentiment Signal: Strong Buy

Current Market Cap: $676.3M

For an in-depth examination of PRTH stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1