Abacus Life (ABL) Prices $25M Notes Offering
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Abacus Life, Inc. Prices Public Offering of $25 Million Additional 9.875% Notes Due 2028
February 12, 2024 7:30 AM ESTORLANDO, Fla., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (Abacus or the Company) (NASDAQ: ABL; ABLLL) today announced that it has priced an underwritten public offering of $25 million in aggregate principal amount of its additional 9.875% notes due 2028 (the New Notes). The New Notes will have the same terms (except with respect to issue date and the date from which interest will accrue) as, will be fully fungible with and will be treated as a single series of debt securities as, the 9.875% notes due 2028 the Company issued on November 10, 2023 in an aggregate principal amount of $35,650,000 (the Existing Notes and together with the... More
