Green Dot Corporation Announces Completion of $45 Million Senior Unsecured Notes Offering
Green Dot Corporation Class A, $0.001 par value (GDOT)
Last green dot corporation class a, $0.001 par value earnings: 2/19 04:05 pm
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US:NYSE Investor Relations:
ir.greendot.com
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Green Dot Corporation (the “Company”) (NYSE: GDOT), announced today the completion of a private placement of $45 million in aggregate principal amount of its 8.75% Fixed Rate Senior Notes due 2029 (the “Notes”) to certain qualified institutional buyers and institutional accredited investors in a private placement exempt from the registration requirements under the Securities Act of 1933, as amended (the “Securities Act”). The Notes are unsecured and have a five-year term, maturing September 15, 2029, and will bear interest at a fixed annual rate of 8.75%, payable semi-annually in arrears.The Company intends to use the net proceeds of the offering for the repayment of the Company’s outstanding indebtedness under its revolving credit facility and for general corporate purposes, including working capital.Raymond James & Associates, Inc. served as sole placement agent for the offering. Orrick, Herrington & Sutcliffe LLP served as legal counsel to the Co
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GDOT
Earnings
- 11/7/24 - Beat
GDOT
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- GDOT's page on the SEC website