Affirm repurchases $229M of 0% convertible notes due 2026 for $158M cash

Affirm Holdings, Inc.

Repurchases $229M aggregate principal of 0% Convertible Senior Notes due 2026 for ~$158M in cash.
Transactions expected to close on or about February 21, 2023.
After closing, ~$1.5B in principal amount of 2026 Notes will remain outstanding with unchanged terms.
No cash proceeds to Affirm; repurchased notes will be cancelled.

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