Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Repay Holdings Corp incurred credit facility of $500 million with Truist Bank and Truist Securities, Inc..
- Instrument
- credit facility
- Principal
- $500 million
- Counterparty
- Truist Bank and Truist Securities, Inc.
- Event
- incurrence
Exact text from the filing
In connection with the execution of the Purchase Agreement, the Company has delivered to the Seller a debt commitment letter (the “Debt Commitment Letter”) executed with Truist Bank and Truist Securities, Inc. (together, the “Commitment Parties”), pursuant to which the Commitment Parties have committed, subject to the terms and conditions contained therein, to provide the Company with (a) a term loan facility in an aggregate principal amount of $500 million and (b) a revolving credit facility in an aggregate principal amount of $100 million (collectively, the “Debt Financing”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Repay Holdings Corp entered into Purchase Agreement with Hearst KUBRA Holdings, Inc. valued at approximately $372 million (effective 2026-03-30).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Hearst KUBRA Holdings, Inc.
- Value
- approximately $372 million
- Effective
- 2026-03-30
Exact text from the filing
On March 30, 2026, Repay Holdings Corporation (“REPAY” or the “Company”) entered into a Stock Purchase Agreement, dated as of March 30, 2026 (as amended or supplemented from time to time, the “Purchase Agreement”), with Hearst KUBRA Holdings, Inc., a Delaware corporation (“Seller”), KUBRA Holdings, Inc., a Delaware corporation (“Kubra US”) and KUBRA Data Transfer Ltd., an Ontario corporation (“Kubra Canada” and together with Kubra US, “KUBRA”), pursuant to which REPAY will acquire all of the issued and outstanding capital stock of KUBRA (the “Acquisition”).
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