debt
confidence high
sentiment neutral
materiality 0.50
Enova's ODR 2022 amends securitization facility; total commitments $420M, maturity June 2027
Enova International, Inc.
- ODR 2022 facility amended: $338M Class A + $82M Class B = $420M total commitment.
- Class A borrowing rate CP+2.60%, Class B SOFR+7.50%; blended CP/SOFR+3.55%.
- Advance rates: 72.5% for Class A, 90% for Class B.
- Revolving period ends June 2026; maturity date June 2027.