Issuer Direct Announces Long Term Debt Financing

Author's Avatar
Mar 22, 2023

RALEIGH, NC / ACCESSWIRE / March 22, 2023 / Issuer Direct Corporation (NYSE American:ISDR), ("Issuer Direct" or the "Company"), a leading communications company, announced today that it has completed a $20 million long-term debt financing with Pinnacle Bank ("Pinnacle"). Proceeds from the transaction as well as current cash on hand will be used to repay the $22 million short-term 1-year note that was entered into on November 1, 2022, in connection with the purchase of iNewswire.com LLC ("Newswire").