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Vacasa Inc (VCSA) provides investors and industry observers with essential updates through this centralized news hub. Access verified press releases and financial developments for this leading vacation rental management platform.
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Vacasa (Nasdaq: VCSA), a leading vacation rental management platform, announced the closing of a $30 million senior secured convertible notes financing with Davidson Kempner Capital Management. This agreement allows for an additional $45 million in notes, contingent upon specific conditions. The Initial Notes bear interest at 11.25% annually, payable in kind for the first three years, or 9.75% if paid in cash. They mature on August 7, 2029. The notes are convertible into Vacasa's Class A Common Stock at $4.16 per share. Additionally, Davidson Kempner has the right to designate directors to Vacasa's board. PJT Partners acted as the financial advisor for this transaction.
Vacasa (Nasdaq: VCSA), North America's leading vacation rental management platform, has announced it will release its second quarter 2024 financial results on Thursday, August 8, 2024, after the market closes. The company will host a conference call to discuss the results at 2:00 p.m. PT / 5:00 p.m. ET on the same day.
The call will be led by CEO Rob Greyber and CFO Bruce Schuman. Investors and interested parties can access the live webcast through Vacasa's Investor Relations website at investors.vacasa.com. A replay of the webcast will be available for one year following the call.
Vacasa, Inc. (Nasdaq: VCSA) announced its financial results for the first quarter of 2024, highlighting key performance metrics. The company, known as North America's top vacation rental management platform, invites shareholders to a conference call to discuss the results and business outlook.
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