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Stock impact report

Cimpress Completes Offering of $525 Million of Senior Notes Due 2032

Cimpress plc - Ordinary Shares (CMPR) 
Last cimpress plc - ordinary shares earnings: 10/30 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cimpress.com
Company Research Source: Business Wire
DUNDALK, Ireland--(BUSINESS WIRE)--Cimpress plc (Nasdaq: CMPR) today announced it has completed its previously announced private offering (the “Offering”) of $525.0 million in aggregate principal amount of 7.375% senior notes due 2032 (the “notes”). The notes will pay interest on a semi-annual basis.Concurrently with the consummation of the Offering, we amended our existing credit agreement to, among other things, extend the maturity of our revolving credit facility and amend the interest rate applicable to any loans under our revolving credit facility (the “Credit Agreement Amendment”).We used the net proceeds of the Offering, together with cash on hand, to fund the redemption of all of our 7.0% Senior Notes due 2026 and to pay all fees and expenses related to the Offering and the Credit Agreement Amendment.The notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration Show less Read more
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