Encore Capital Group, Inc. announced that it has completed its offering of ?100.0 million aggregate principal amount of its senior secured floating rate notes due 2028 with a coupon of three-month EURIBOR (subject to a 0% floor) plus 4.250% at an issue price of 99.01%. Encore will use the proceeds from this offering to repay drawings under its revolving credit facility, and to pay certain transaction fees and expenses incurred in connection with the offering of the notes.
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May. 08 | Earnings Flash (ECPG) ENCORE CAPITAL GROUP Posts Q1 Revenue $328.4M, vs. Street Est of $330.8M | MT |
May. 08 | Transcript : Encore Capital Group, Inc., Q1 2024 Earnings Call, May 08, 2024 |
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-20.73% | 7.61B | |
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+60.31% | 5.3B | |
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+1.79% | 4.46B | |
+62.35% | 4.45B |
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- Encore Capital Group, Inc. Completes Offering of Senior Secured Floating Rate Notes