Eventbrite to repay debt under May 2020 credit agreement

By Taylor Fox

New York, March 8 – Eventbrite, Inc. plans to repay debt under its May 2020 credit agreement using proceeds from its offer of $185 million of convertible senior notes due 2026, according to a news release.

The proceeds will also fund the cost of the company’s capped call transactions.

Any remaining proceeds will be used for general corporate purposes.

Eventbrite is a San Francisco-based self-servicing ticketing and technology platform.

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