Euronet repays $10 million of term debt

By Sara Rosenberg

New York< May 9 - Euronet Worldwide Inc. repaid $10 million of term loan debt during the first quarter, according to a 10-Q filed with the Securities and Exchange Commission Friday.

The company also had a total of $23.5 million in borrowings and $74.1 million in repayments under its revolving credit facility.

The repayments were financed through the release of escrow cash in connection with the agreement to acquire La Nacional, cash available from operations and cash on hand.

Euronet is a Leawood, Kan.-based provider of electronic payment services.

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