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home / articles / GPN - What's Going On With Global Payments (GPN) Stock? | Benzinga


GPN - What's Going On With Global Payments (GPN) Stock? | Benzinga

Global Payments Inc (NYSE:GPN) shares are trading lower by 1.7% to $131.96 Tuesday morning after the company said it plans to offer $1.75 billion in convertible senior notes due 2031, with an option for an additional $250 million.

These notes will accrue semi-annual interest and mature on March 1, 2031. Conversion conditions will apply until December 1, 2030, after which they’ll become freely convertible. Conversion can be in cash, common stock, or a mix, with terms to be set upon pricing. Redemption before March 6, 2028, is prohibited, but afterward is possible if stock price conditions are met.

The company will likely enter ...

GPN) Stock?>Full story available on Benzinga.com

Stock Information

Company Name: Global Payments Inc.
Stock Symbol: GPN
Market: NYSE
Website: globalpaymentsinc.com

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