Euronet Worldwide announced the pricing of $850 million in aggregate principal amount of 0.625% Convertible Senior Notes due 2030 in a private placement. The offering includes an option for initial purchasers to buy up to an additional $150 million in notes.
The notes will bear interest at 0.625% per year, payable semiannually, and will mature on October 1, 2030. The initial conversion price is approximately $127.04 per share, representing a conversion premium of approximately 30% over Euronet’s common stock price of $97.72 per share on August 13, 2025.
Euronet intends to use the net proceeds from the offering to repay borrowings outstanding under its existing unsecured revolving credit facility. Concurrently with the pricing, the company also used approximately $131.3 million of cash on hand to repurchase shares of its common stock in privately negotiated transactions.
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