---
schema_version: "secwatch.filing_event.v1"
accession: "0000876523-22-000090"
form_type: "8-K"
ticker: "EZPW"
cik: "0000876523"
company_name: "EZCORP INC"
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:51:49.394648+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EZCORP issues $230M of 3.75% convertible senior notes due 2029; repurchases existing notes and shares

## Summary
- Issued $230M aggregate principal of 3.75% convertible senior notes due December 15, 2029.
- Initial conversion rate 89.0313 shares per $1,000 principal (~$11.23 per share).
- Used ~$117.5M to repurchase $109.4M of 2.875% 2024 notes and ~$62.9M to repurchase $69.1M of 2.375% 2025 notes.
- Used $5.0M to repurchase ~578,703 shares of Class A common stock at $8.64 per share.
- Notes are senior unsecured; redeemable after Dec 21, 2026 if stock price ≥130% of conversion price.

## SEC filing metadata
- accession: 0000876523-22-000090
- form_type: 8-K
- ticker: EZPW
- cik: 0000876523
- company_name: EZCORP INC
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/0000876523-22-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/ezpw-20221212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000876523-22-000090
- JSON: https://secwatch.observer/filing/0000876523-22-000090.json
- Plain text: https://secwatch.observer/filing/0000876523-22-000090.txt

## Key facts
- Debt Financings
  EZCORP INC incurred convertible notes of $230,000,000 with Truist Bank at 3.75% per year maturing December 15, 2029.
  - Instrument: convertible notes
  - Principal: $230,000,000
  - Counterparty: Truist Bank
  - Rate: 3.75% per year
  - Maturity: December 15, 2029
  - Event: incurrence
  source text: On December 12, 2022, the Company issued $230,000,000 of the Notes pursuant to an indenture, dated as of December 12, 2022 (the “Indenture”), between the Company and Truist Bank, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/0000876523-22-000090-index.htm
- Material Agreements
  EZCORP INC entered into Indenture with Truist Bank valued at $230,000,000 of the Notes (effective 2022-12-12).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Truist Bank
  - Value: $230,000,000 of the Notes
  - Effective: 2022-12-12
  source text: On December 12, 2022, the Company issued $230,000,000 of the Notes pursuant to an indenture, dated as of December 12, 2022 (the “Indenture”), between the Company and Truist Bank, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/0000876523-22-000090-index.htm
- Material Agreements
  EZCORP INC entered into Purchase Agreement with Morgan Stanley & Co. LLC valued at $200,000,000 aggregate principal amount (effective 2022-12-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Morgan Stanley & Co. LLC
  - Value: $200,000,000 aggregate principal amount
  - Effective: 2022-12-07
  source text: On December 7, 2022, EZCORP, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with Morgan Stanley & Co. LLC, as representative (the “Representative”) of the initial purchasers (the “Initial Purchasers”), relating to the sale by the Company of $200,000,000 aggregate principal amount of its 3.75% convertible senior notes due 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/0000876523-22-000090-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.