Encore Capital plans offering of €300 million senior secured floating-rate notes due 2033
Encore Capital Group
Encore Capital Group ECPG | 0.00 |
- Encore Capital Group launched a private offering of EUR 300 million senior secured floating rate notes due 2033.
- Total value of issuances referenced: EUR 300 million, USD 750 million.
- Proceeds earmarked for partial redemption of EUR 415 million senior secured floating rate notes due 2028, revolving credit facility repayment, fees.
- Company also priced USD 750 million 6.625% senior secured notes due 2032, expected to settle May 22.
- Transactions set up full redemption of EUR 415 million senior secured floating rate notes due 2028, net repayment under revolving credit facility.
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: 202605120315PRIMZONEFULLFEED9718179) on May 12, 2026, and is solely responsible for the information contained therein.
