Your email has been successfully added to our mailing list.

×
0 0 0 -0.00011896972220576 -0.00321218249955382 -0.00458033430491946 -0.00719766819344481 -0.0105288204152044
Stock impact report

Cimpress Successfully Completes Repricing of Term Loan B and Lowers its Cost of Capital [Yahoo! Finance]

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: Yahoo! Finance
customization businesses, today announced the successful repricing of its $1,032 million USD tranche of its senior secured Term Loan B ("TLB"). In addition, Cimpress upsized the USD TLB tranche by $49 million and used the proceeds to prepay its entire €46 million Euro TLB tranche. Cimpress' USD TLB tranche outstanding will be $1,081 million upon closing in mid December 2024. Cimpress estimates these actions will reduce annualized cash interest expense by approximately $5 million compared to prior pricing. When combined with our May 2024 TLB repricing and related actions, the total annualized cash interest expense reduction on our TLB is approximately $11 million. These actions are net leverage neutral and reduce the interest rate margin applicable to the USD TLB tranche by 50 basis points to SOFR plus 2.50% from SOFR plus 3.00%. No other material changes were made to the terms and conditions of the TLB. The maturity date for the U.S. tranche of the TLB remains May 17, 2028. Ab Show less Read more
Impact Snapshot
Event Time:
CMPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
CMPR alerts

from News Quantified
Opt-in for
CMPR alerts

from News Quantified