Green Dot closes private placement of $45M in 8.75% senior notes due 2029

GREEN DOT CORP

$45M aggregate principal of 8.75% Fixed Rate Senior Notes due 2029 issued.
Net proceeds to repay revolving credit facility and for general corporate purposes.
Notes mature Sept 15, 2029; interest payable semi-annually starting March 2025.
Notes are unsecured and rank junior to existing and future secured indebtedness.
Private placement exempt from registration; Raymond James as sole placement agent.

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