Benefitfocus Inc

NASDAQ:BNFT   3:32:48 PM EDT
6.48
+0.28 (+4.52%)
Debt Financing / Related, Share Repurchases

Benefitfocus Agrees To Repurchase Certain Of Its Outstanding Convertible Senior Notes

Published: 08/26/2022 12:35 GMT
Benefitfocus Inc (BNFT) - Benefitfocus Agrees to Repurchase Certain of Its Outstanding Convertible Senior Notes.
Benefitfocus Inc - Has Agreed to Repurchase Certain of Its 1.25% Convertible Senior Notes Due 2023.
Benefitfocus Inc - Company Has Agreed to Repurchase Approximately $114 Million of Outstanding 2023 Notes for About $111 Million in Cash.
Benefitfocus Inc - Funds for Repurchase Will Be Derived From Borrowings Under Company's New Senior Secured Credit Facility.