Priority Technology Holdings Secures $1.1 Billion in New Senior Credit Facilities to Enhance Growth and Financial Flexibility

Reuters

Aug 04

Priority Technology Holdings Secures $1.1 Billion in New Senior Credit Facilities to Enhance Growth and Financial Flexibility

Priority Technology Holdings Inc. (NASDAQ: PRTH) has announced the successful closing of new senior credit facilities totaling $1.1 billion. The package includes a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The proceeds will be used to refinance existing debt, fulfill obligations from the 2023 acquisition of Plastiq, support strategic growth initiatives, and for general corporate purposes. This refinancing reduces the interest rate on the term loan by 100 basis points and extends its maturity to 2032. Priority's CFO, Tim O'Leary, highlighted the benefits of the refinancing, noting improved cash flow and financial flexibility to support the company's growth strategy, reflecting strong confidence from both existing and new investors.

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. Priority Technology Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250804071078) on August 04, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(NASDAQ: PRTH) has announced the successful closing of new senior credit facilities totaling $1.1 billion. The package includes a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The proceeds will be used to refinance existing debt, fulfill obligations from the 2023 acquisition of Plastiq, support strategic growth initiatives, and for general corporate purposes. This refinancing reduces the interest rate on the term loan by 100 basis points and extends its maturity to 2032. 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(NASDAQ: PRTH) has announced the successful closing of new senior credit facilities totaling $1.1 billion. The package includes a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The proceeds will be used to refinance existing debt, fulfill obligations from the 2023 acquisition of Plastiq, support strategic growth initiatives, and for general corporate purposes. This refinancing reduces the interest rate on the term loan by 100 basis points and extends its maturity to 2032. 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ID: 20250804071078) on August 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4227","symbol_name":"交易和支付处理服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250804:nNDL2lljqx:1","article_id":"2556381171","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2556381171","pubTimestamp":1754310626,"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":"Priority Technology Holdings Secures $1.1 Billion in New Senior Credit Facilities to Enhance Growth and Financial Flexibility. Disclaimer: This news brief was created by Public Technologies  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. Priority Technology Holdings Inc. published the original content used to generate this news brief via Business Wire  on August 04, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4227":"交易和支付处理服务","BK4106":"数据处理与外包服务","PRTH":"Priority Technology Holdings Inc"},"translate_title":"Priority Technology Holdings获得11亿美元的新高级信贷额度，以增强增长和财务灵活性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRTH":0.9},"content_text":"Priority Technology Holdings Secures $1.1 Billion in New Senior Credit Facilities to Enhance Growth and Financial Flexibility\n    \n\nPriority Technology Holdings Inc. (NASDAQ: PRTH) has announced the successful closing of new senior credit facilities totaling $1.1 billion. The package includes a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. 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