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Vacasa Enters Into Note Purchase Agreement With Davidson Kempner Capital Management for the Issuance of $30 Million Senior Secured Convertible Notes

Aug 08, 2024almost 2 years ago

Contract Type

agreement

PortlandReal EstateHospitalityTravel

Description

Vacasa today announced the closing of an initial $30 million senior secured convertible notes financing with an affiliate of Davidson Kempner Capital Management LP. The note purchase agreement permits the issuance of up to an additional $45 million of senior secured convertible notes, subject to certain conditions.

Company Information

Company

Vacasa

Location

Portland, Oregon, United States

About

Vacasa (Nasdaq: VCSA) is North America’s leading vacation rental management platform.

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