The notes offering was made only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
Paysafe intends to use the proceeds from the notes offering, together with the proceeds of new term facilities, to refinance certain existing indebtedness. The notes will be fully and unconditionally guaranteed by Paysafe Group Holdings II Limited, an indirect subsidiary of Paysafe, and certain other subsidiaries of Paysafe. The offering is expected to close on June 28, 2021, subject to customary closing conditions. and Paysafe Finance PLC, indirect subsidiaries of Paysafe, of US$931 million (equivalent) aggregate principal amount of senior secured notes, consisting of US$400 million of 4.00% senior secured notes due 2029 and €435 million of 3.00% senior secured notes due 2029.
Paysafe Limited (NYSE: PSFE) ("Paysafe" or the "Company") today announced the pricing of the previously announced offering by Paysafe Holdings (US) Corp.
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