---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009766"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2024-07-11T23:59:59+00:00"
generated_at: "2026-05-31T21:47:37.344640+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPI completes $285M private offering of 10.000% senior secured notes due 2029

## Summary
- Issued $285M in 10.000% senior secured notes due July 15, 2029 by subsidiary CPI CG Inc.
- Net proceeds used to redeem all outstanding 8.625% senior secured notes due 2026.
- Entered new $75M asset-based revolving credit facility (ABL revolver) replacing prior $75M facility.
- Notes and guarantees are senior secured obligations, secured by substantially all assets of issuer and guarantors.
- Notes offered in private transaction under Rule 144A and Regulation S; no registration rights.

## SEC filing metadata
- accession: 0001558370-24-009766
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2024-07-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000155837024009766/0001558370-24-009766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837024009766/pmts-20240711x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009766
- JSON: https://secwatch.observer/filing/0001558370-24-009766.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009766.txt

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