debt
confidence high
sentiment positive
materiality 0.85
CompoSecure converts all $130M exchangeable notes to equity, reducing debt by $130M
GPGI, Inc.
- All $130M of 7.00% Exchangeable Notes due 2026 exchanged for Class A common stock; no Notes remain outstanding.
- Long-term debt reduced from $330 million to $200 million, a decrease of $130 million.
- Total Class A shares outstanding post-exchange stand at 96,164,658.