Enova unit amends ODR 2022 securitization facility, keeps commitment at $420 million
Enova International Inc ENVA | 0.00 |
- Enova’s OnDeck Receivables 2022 unit amended its ODR 2022 Securitization Facility on June 25, 2026.
- Total revolving receivables facility commitment set at USD 420 million, split between USD 338 million Class A loans and USD 82 million Class B.
- Weighted-average blended borrowing rate listed as CP/SOFR + 3.36%; Class A at CP rate + 2.35%; Class B at SOFR + 7.5%.
- Revolving period extended to June 2028; maturity set for June 2029.
- BMO Capital Markets serves as administrative agent and collateral agent; Enova provides a performance guaranty.
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. Enova International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-283034), on June 25, 2026, and is solely responsible for the information contained therein.
