Blue apron announces closing of $30 million debt refinancing

New york--(business wire)--blue apron (nyse: arpn) announced today that it has entered into a note purchase agreement with allianz global investors under which it issued an aggregate principal amount of $30.0 million of senior secured notes due 2027 on may 5, 2022. the net proceeds from the issuance of the senior secured notes were used, together with cash on hand, to repay the company's prior senior secured term loan, which extends its debt maturity to 2027. “we are pleased to have completed o
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