secwatch.observer — SEC 8-K summary
======================================

Issuer:     EZCORP INC (EZPW)
CIK:        0000876523
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0000876523-22-000090
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/0000876523-22-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/876523/000087652322000090/ezpw-20221212.htm
  HTML page:      https://secwatch.observer/filing/0000876523-22-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer