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Priority Technology Holdings, Inc. Announces Closing of New Senior Credit Facilities with Lower Interest Rate

1. PRTH secured $1.1 billion in new senior credit facilities. 2. Funding will enhance revenue opportunities and financial stability.

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FAQ

Why Bullish?

The substantial credit facilities provide PRTH with liquidity to grow operations, akin to past successful funding rounds that boosted stock performance.

How important is it?

Securing significant credit signals strong investor confidence and operational growth potential, directly impacting PRTH's market position.

Why Long Term?

The longevity of the credit facilities and their intended use for strategic initiatives suggest lasting positive implications for PRTH.

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SQPYPLFISV
ALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of $1.1 billion in new senior credit facilities, consisting of a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The loan proceeds will be used to re.

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