Brief: Encore Capital Group, Inc. Announces Proposed Senior Secured Notes Offering

Encore Capital

13/05/2024 12:48

May 13 (Reuters) - Encore Capital Group Inc  ECPG.O :
    * ENCORE CAPITAL GROUP, INC. ANNOUNCES PROPOSED SENIOR
SECURED
NOTES OFFERING
    * ENCORE CAPITAL GROUP INC:  TO OFFER, $ 400.0 MILLION
AGGREGATE
PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2030
    * ENCORE CAPITAL GROUP INC - INTENDS TO USE PROCEEDS FROM
THIS
OFFERING TO REPAY DRAWINGS UNDER ITS REVOLVING CREDIT FACILITY
    * ENCORE CAPITAL:TO USE BORROWINGS FROM GLOBAL SENIOR
FACILITY/
OTHER AVAILABLE SOURCES OF FINANCING TO REDEEM EUR 350 MILLION
SENIOR SECURED NOTES DUE 2025

Source text for Eikon:  ID:nGNX4DsMxb 
Further company coverage:  ECPG.O 

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