CPI Card Group Inc. Announces Redemption of $20 Million in Senior Secured Notes at 103% of Par

Reuters

07/08

<a href="https://laohu8.com/S/PMTS">CPI Card</a> Group Inc. Announces Redemption of $20 Million in Senior Secured Notes at 103% of Par

CPI Card Group Inc. has announced its plan to redeem $20 million of its outstanding $285 million senior secured notes, which carry an interest rate of 10.000% and are due in 2029. The redemption is scheduled for July 15, 2025, and will be executed at a redemption price of 103.000% of the principal amount, in addition to any accrued and unpaid interest up to the redemption date. This move is part of the company's broader strategy to manage its financial obligations effectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPI Card Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-009106), on July 07, 2025, and is solely responsible for the information contained therein.

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Announces Redemption of $20 Million in Senior Secured Notes at 103% of Par","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PMTS\">CPI Card</a> Group Inc. Announces Redemption of $20 Million in Senior Secured Notes at 103% of Par\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        CPI Card Group Inc. has announced its plan to redeem $20 million of its outstanding $285 million senior secured notes, which carry an interest rate of 10.000% and are due in 2029. The redemption is scheduled for July 15, 2025, and will be executed at a redemption price of 103.000% of the principal amount, in addition to any accrued and unpaid interest up to the redemption date. 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Announces Redemption of $20 Million in Senior Secured Notes at 103% of Par\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-08 04:06</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PMTS\">CPI Card</a> Group Inc. 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ID: 0001558370-25-009106), on July 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PMTS","symbol_name":"Cpi Card Group","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250707:nNDL3QyBXh:1","article_id":"2549557723","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549557723","pubTimestamp":1751918772,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CPI Card Group Inc. has announced its plan to redeem $20 million of its outstanding $285 million senior secured notes, which carry an interest rate of 10.000% and are due in 2029. 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