Reported Late Monday August 12, 2024, Shift4 Prices Offering Of $1.1B Aggregate Principal Amount Of 6.750% Senior Notes Due 2032
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments, Inc. (NYSE:FOUR) announced the pricing of $1.1 billion aggregate principal amount of 6.750% senior notes due 2032. The notes are priced at par value and will bear an interest rate of 6.750% per annum. The offering is expected to close on August 15, 2024, subject to customary closing conditions.
August 13, 2024 | 2:52 pm
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Shift4 Payments has priced $1.1 billion of 6.750% senior notes due 2032. This move will provide the company with significant capital, potentially improving its liquidity and financial stability.
The issuance of senior notes will provide Shift4 with substantial capital, which can be used for various corporate purposes, potentially improving its liquidity and financial stability. This is likely to be viewed positively by investors.
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