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Repay Holdings Launches Convertible Notes Offering and Eyes Credit Expansion

Repay Holdings Launches Convertible Notes Offering and Eyes Credit Expansion

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Repay Holdings (RPAY) has issued an update.

Repay Holdings Corporation announced a Convertible Notes Offering of $260 million in convertible senior notes due in 2029, with an option for initial purchasers to buy an additional $27.5 million within a 13-day period. Furthermore, the company is considering an expansion of its revolving credit facility to $250 million, contingent on the success of the notes offering and other market conditions. The report contains forward-looking statements and emphasizes that actual outcomes may vary due to numerous factors.

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