CPI Card Group increases ABL revolver to $100M; redeems $20M of 10% senior notes at 103

CPI Card Group Inc.

Revolver capacity raised from $75M to $100M via Amendment No. 1 with JPMorgan Chase.
Issued redemption notice for $20M of $285M 10.000% senior secured notes due 2029.
Redemption on July 15, 2025 at 103% of par plus accrued interest.
Amendment fee of undisclosed amount paid; conditions for effectiveness satisfied.
Redemption reduces high-cost debt; revolver increase provides additional liquidity.

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