---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009420"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:28:42.939459+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CPI Card Group subsidiary launches $285M senior secured notes offering to refinance 2026 notes

## Summary
- CPI CG Inc. commenced private offering of $285M senior secured notes due 2029, subject to market conditions.
- Proceeds will redeem all outstanding 8.625% senior secured notes due 2026, plus fees, premiums, and expenses.
- The company is also in negotiations to refinance or extend its secured ABL revolving credit facility.
- Offering is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
- The notes will be senior secured obligations guaranteed by CPI Card Group and its domestic subsidiaries.

## SEC filing metadata
- accession: 0001558370-24-009420
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000155837024009420/0001558370-24-009420-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837024009420/pmts-20240624x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009420
- JSON: https://secwatch.observer/filing/0001558370-24-009420.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009420.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.