debt
confidence high
sentiment neutral
materiality 0.50
Affirm board authorizes up to $800M repurchase of its 2026 convertible notes
Affirm Holdings, Inc.
- Board authorized up to $800M aggregate principal amount of 0% Convertible Senior Notes due 2026.
- Repurchases allowed through Dec 31, 2023 in privately negotiated transactions.
- After full $800M repurchase, approximately $626M of notes would remain outstanding, terms unchanged.
- Repurchases subject to liquidity, market conditions; no minimum obligation.