---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009106"
form_type: "8-K"
ticker: "PMTS"
cik: "0001641614"
company_name: "CPI Card Group Inc."
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:17:07.801537+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-009106
- form_type: 8-K
- ticker: PMTS
- cik: 0001641614
- company_name: CPI Card Group Inc.
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641614/000155837025009106/0001558370-25-009106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641614/000155837025009106/pmts-20250702x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009106
- JSON: https://secwatch.observer/filing/0001558370-25-009106.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009106.txt

## Key facts
- Debt Financings
  CPI Card Group Inc. amended revolving credit of $100 million with JPMorgan Chase Bank, N.A..
  - Instrument: revolving credit
  - Principal: $100 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Event: amendment
  source text: The Amendment, among other things, increases the available borrowing capacity under the ABL Revolver to $100 million from $75 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641614/000155837025009106/0001558370-25-009106-index.htm

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