Paysafe falls on forecast cut amid debt refinancing
PSFE•Shares fall after forecast cut
Shares of payments platform Paysafe PSFE.N were down 17% to $6.5 in morning trading.
The company on Thursday cut its FY26 adjusted EPS forecast to $1.90-$2.03 from $2.12-$2.32 due to refinancing of existing term loan facilities, with settlement of funds due on August 17, 2026.
Refinancing details and quarterly results
The refinancing transaction includes a new $650.9 million term loan facility and a new €478.4 million term loan facility, each maturing in June 2030.
Total adjusted EBITDA for Q2 decreased 2% to $102.8 million.
One of five analysts rate the stock "buy", three "hold" and one "sell"; their median PT is $8.6, according to data compiled by LSEG.
Including the session move, the stock is down 18% year to date.
