Encore Capital calls USD 500 million 9.25% secured notes due 2029 for redemption

Encore Capital Group

Encore Capital Group

ECPG

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  • Encore Capital Group issued conditional notice to redeem all USD 500 million 9.250% Senior Secured Notes due 2029.
  • Redemption set for May 22, 2026, or next business day following receipt of funding, capped at 60 days from May 12, 2026.
  • Redemption price set at 104.625% of principal, with accrued and unpaid interest from April 1, 2026 to but excluding redemption date.
  • Redemption subject to receipt of funding satisfactory to issuer; notice may be rescinded if condition not met or waived.


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