Encore Capital prices upsized USD 750 million senior secured notes due 2032 at 6.625%
Encore Capital Group, Inc.
Encore Capital Group, Inc. ECPG | 0.00 |
- Encore Capital priced an upsized private offering of USD 750 million 6.625% senior secured notes due 2032 at 100.
- Offering increased from USD 550 million, with interest payable semi-annually starting Dec. 1, 2026.
- Proceeds earmarked for refinancing, including full redemption of USD 500 million 9.25% senior secured notes due 2029.
- Funds also to redeem EUR 200 million of senior secured floating rate notes due 2028, with remaining proceeds for fees and expenses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Encore Capital Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605111854PRIMZONEFULLFEED9717931) on May 11, 2026, and is solely responsible for the information contained therein.
