Encore Capital Group, Inc. Announces Pricing of Upsized Senior Secured Notes Offering
SAN DIEGO, March 14, 2024 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq:ECPG) (the “Company”) today announced the pricing of its offering of $500.0 million aggregate principal amount of 9.250% senior secured notes due 2029 (the “notes”), which was upsized by $100.0 million from $400.0 million, at an issue price of 100.000% in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the United States to non-U.S. persons (within the meaning of Regulation S under the Securities Act).