secwatch.observer — SEC 8-K summary
======================================

Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001386278-24-000071
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000071/0001386278-24-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627824000071/gdot-20240906.htm
  HTML page:      https://secwatch.observer/filing/0001386278-24-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer