debt
confidence high
sentiment neutral
materiality 0.65
EZCORP prices $300M senior notes due 2032 at 7.375% to repay convertibles
EZCORP INC
- $300M senior notes due 2032 priced at 7.375% interest; semiannual payments start Oct 1, 2025.
- Net proceeds estimated at ~$292.5M; $103.4M to repay 2.375% Convertible Senior Notes due 2025.
- Closing expected March 28, 2025; notes are senior unsecured, guaranteed by domestic subsidiaries.
- Maturity April 1, 2032; offered via Rule 144A/Regulation S private placement.