Encore Capital prices upsized EUR 325 million senior secured floating-rate notes offering

Encore Capital Group, Inc.

Encore Capital Group, Inc.

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  • Encore Capital priced an upsized offering of EUR 325 million senior secured floating rate notes due 2033.
  • Coupon set at three-month EURIBOR, subject to a 0% floor, plus 3.25%.
  • Proceeds earmarked to redeem EUR 215 million of senior secured floating rate notes due 2028, repay revolver borrowings, pay fees.
  • Company also referenced a separate USD 750 million 6.625% senior secured notes due 2032 offering priced May 11, bringing total new issuance to EUR 325 million plus USD 750 million.
  • Encore expects the combined financings to fully redeem its EUR 415 million senior secured floating rate notes due 2028, leaving net revolver repayment.


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: 202605131846PRIMZONEFULLFEED9719954) on May 13, 2026, and is solely responsible for the information contained therein.

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