Earnings Scheduled For April 29, 2021 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Ares Management: Q1 Earnings Snapshot sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
ALPHARETTA, Ga., April 29, 2021 /PRNewswire/ Priority Technology Holdings, Inc. (NASDAQ: PRTH) ( Priority ), a leading payments technology company, today announced the completion of its debt refinancing and preferred equity issuance.
The new senior debt facility, which improves interest expense by 75 basis points, includes an initial term loan of $300 million used to refinance existing debt and pay debt placement fees and expenses. A committed delayed draw term loan of $290 million is in place and will be used to finance a portion of the Finxera acquisition at closing later this year. Also, a new $40 million revolving credit facility is immediately available.
Priority Technology Holdings, Inc Announces Completion of Debt Refinancing and Preferred Equity Issuance prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.