Loan & DebtJul 6, 2026, 04:12 PM
CPI Card Group to Redeem $26.5M Senior Notes
AI Summary
CPI Card Group Inc. announced on July 2, 2026, its intention to redeem $26.5 million of its outstanding 10.000% senior secured notes due 2029. The redemption is scheduled for July 15, 2026, at a price of 103.000% of par, in addition to accrued and unpaid interest.
Key Highlights
- CPI Card Group issued a notice to redeem $26.5 million of its senior secured notes.
- The redemption is for 10.000% senior secured notes due 2029.
- The total aggregate principal amount of these notes outstanding was $265.0 million.
- The redemption date is scheduled for July 15, 2026.
- The redemption price is 103.000% of par plus accrued and unpaid interest.
Price Impact
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