---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-075316"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:22:23.852371+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RM completes $187.3M asset-backed securitization (RMIT 2024-1) at 6.19% weighted-average coupon

## Summary
- Issued $187.305M in four classes of notes (Class A 5.83%, B 6.45%, C 6.77%, D 7.46%); weighted-average coupon 6.19%.
- Secured by $215.7M consumer loan pool; 3-year revolving period; Class A notes rated AAA by S&P and Morningstar DBRS.
- Proceeds used to repay part of senior revolving credit facility and warehouse debt, reducing interest rate exposure.
- Fixed-rate debt now 87% of total debt at 4.1% weighted-average coupon with 1.2-year weighted-average revolving duration.
- Coupon improved 132 bps vs prior RMIT 2022-2B securitization, reflecting lower cost of capital.

## SEC filing metadata
- accession: 0000950170-24-075316
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000095017024075316/0000950170-24-075316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000095017024075316/rm-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-075316
- JSON: https://secwatch.observer/filing/0000950170-24-075316.json
- Plain text: https://secwatch.observer/filing/0000950170-24-075316.txt

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