International Money Express, Inc. Secures $425 Million Credit Facility
International Money Express, Inc. (IMXI)
Last international money express, inc. earnings: 4/30 04:15 pm
Check Earnings Report
Company Research
Source: GlobeNewswire
MIAMI, Aug. 29, 2024 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI), (“Intermex” or the “Company”) a leading, omni-channel money remittance company, is pleased to announce the successful refinancing of its existing secured debt through the establishment of a new $425 million revolving credit facility. The new credit agreement provides for U.S. Dollar, Euro, and Pound Sterling revolving loans and creates an uncommitted incremental credit facility that may be used for additional term or revolving loans of up to $100 million in the aggregate. The new revolving credit facility, maturing in 2029, bears an interest rate equal to SOFR plus 175 to 225 basis points based on the Company’s total leverage ratio. The new agreement represents a $133 million increase in credit availability at improved spreads over SOFR. The covenants under the new revolving facility also provide the Company with increased operational flexibility, including expanded capacity for share repurch
Show less
Read more
Impact Snapshot
Event Time:
IMXI
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IMXI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IMXI alerts
High impacting International Money Express, Inc. news events
Weekly update
A roundup of the hottest topics
IMXI
News
- Voss Capital wants to maximize shareholder value at International Money Express. How it may play out [MSNBC.com]MSNBC.com
- Voss Capital wants to maximize shareholder value at International Money Express. How it may play out [CNBC]CNBC
- International Money Express (IMXI): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Breach Inlet Capital Sends Public Letter to Board of International Money Express [Yahoo! Finance]Yahoo! Finance
- Breach Inlet Capital Sends Public Letter to Board of International Money ExpressBusiness Wire
IMXI
Earnings
- 8/7/24 - Beat
IMXI
Sec Filings
- 9/5/24 - Form SC
- 8/29/24 - Form 8-K
- 8/8/24 - Form 10-Q
- IMXI's page on the SEC website