RPAY - Why Repay Holdings (RPAY) Shares Are Trading Lower | Benzinga
Repay Holdings Corp (NASDAQ:RPAY) shares are trading lower by 11.9% to $9.00 during Wednesday’s session after the company announced the launch of a convertible notes offering of $260 million aggregate principal amount of its convertible senior notes due 2029.
Alongside the convertible senior notes due 2029 comes an additional option for initial purchasers to buy up to $27.5 million more within 13 days of issuance. The proceeds will be used to fund ...
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