CURO Group Holdings Corp. announced that it is soliciting consents from all registered holders of its outstanding 7.500% Senior 1.5 Lien Secured Notes due 2028, issued pursuant to the Indenture, dated as of May 15, 2023, among the Company, the guarantors party thereto (the ?Guarantors?) and U.S. Bank Trust Company, National Association, as trustee and collateral agent. The purpose of the Consent Solicitation is to obtain the consent of the Holders to (a) waive the potential default under the Indenture arising from the Company?s potential failure to maintain liquidity equal to or greater than $75,000,000 as of January 31, 2024 and (b) extend the grace period for an interest payment default under the Indenture to 30 days.

The Consent Solicitation will expire at 5:00 p.m., New York City time, on February 7, 2024, unless extended or earlier terminated by the Company in its sole discretion. If the Holders of at least a majority in aggregate principal amount of Notes outstanding validly deliver consents to the Proposed Waiver and Amendment and do not validly revoke such consents prior to the Consent Effective Time (as defined below), and all other conditions have been satisfied or waived by the Company on or prior to the Expiration Date, it is expected that the Company, the Guarantors and the Trustee will execute a supplemental indenture effecting the Proposed Waiver and Amendment. The Supplemental Indenture will be effective as to all Holders at the Consent Effective Time, whether or not a Holder delivered a consent.

Consents may be validly revoked at any time prior to the Consent Effective Time, but not thereafter. Consents to the Proposed Waiver and Amendment shall not be revoked at any time after the Consent Effective Time, even if the Expiration Date is later than the Consent Effective Time. Holders who deliver their consents pursuant to the Consent Solicitation Statement will not be entitled to any consent payment.

For a complete statement of the terms and conditions of the Consent Solicitation and the Proposed Waiver and Amendment, Holders should refer to the Consent Solicitation Statement.