secwatch.observer — SEC 8-K summary
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Issuer:     CIMPRESS plc (CMPR)
CIK:        0001262976
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001193125-24-228494
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cimpress issues $525M 7.375% Senior Notes due 2032 and amends credit facility
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- Issued $525M aggregate principal of 7.375% Senior Notes due September 15, 2032.
- Net proceeds plus cash on hand used to redeem all outstanding 7.0% Senior Notes due 2026.
- Amendment No. 3 extends revolving credit facility maturity from May 17, 2026 to September 26, 2029.
- SOFR margin range reduced from 2.50%-3.00% to 2.25%-3.00%; credit spread adjustment eliminated.
- Minimum commitment fee on unused balances decreased from 0.35% to 0.30%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1262976/000119312524228494/0001193125-24-228494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1262976/000119312524228494/d884904d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-228494

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