PAR Technology (PAR) Announces Proposed $100M Convertible Senior Notes Offering
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PAR Technology Corporation Announces Proposed Offering of $100 Million of Convertible Senior Notes
January 21, 2025 6:58 AM ESTBLUE OWL TERM LOAN TO BE REPAID FROM OFFERING PROCEEDS
NEW HARTFORD, N.Y.--(BUSINESS WIRE)-- PAR Technology Corporation (NYSE: PAR) (Company or PAR) announced today its intention to offer $100 million aggregate principal amount of Convertible Senior Notes due 2030 (the Notes) in a private offering (the Offering) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act), subject to market conditions and other factors. The Company also expects to grant to the initial purchaser of... More
