- Paysafe Ltd PSFE plans to offer $1.026 billion senior secured notes due 2029 in an institutional offering via its indirect subsidiaries Paysafe Holdings (US) Corp and Paysafe Finance PLC.
- Paysafe will utilize the offering proceeds along with new term loan proceeds to refinance certain existing obligations.
- Paysafe's long-term debt stood at $2.1 billion as of Mar. 31, 2021.
- Price action: PSFE shares traded higher by 3.75% at $12.72 in the premarket session on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
