debt
confidence high
sentiment positive
materiality 0.40
Affirm terminates $185M revolver after $1.725B convertible note issuance
Affirm Holdings, Inc.
- Credit Agreement terminated effective Dec 15, 2021; no amount outstanding.
- Initial lender commitments totaled $185 million.
- Termination follows $1.725B 0% Convertible Senior Notes due 2026 issued Nov 23, 2021.
- No early termination penalties were incurred.