Affirm repurchases additional $70M principal of 2026 convertible notes for $48M cash

Affirm Holdings, Inc.

Repurchased $70M aggregate principal of 0% Convertible Senior Notes due 2026 for ~$48M cash, expected close March 8, 2023.
Total repurchases since Feb 14, 2023 reach $299M principal; $1.43B of 2026 Notes remain outstanding with terms unchanged.
Company receives no cash proceeds; repurchased notes will be cancelled.
Transaction is privately negotiated with a holder that participated in prior repurchase.

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