---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-131517"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2024-11-27T23:59:59+00:00"
generated_at: "2026-05-29T13:59:27.450263+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Regional Management completes $250M securitization at 5.34% WAC, pays off 7.51% notes

## Summary
- Issued $250M asset-backed notes at weighted-average coupon 5.34%, an 85 bps improvement over prior 2024-1 deal.
- Proceeds used to fully redeem RMIT 2022-2B notes (original WAC 7.51%), refinancing at lower cost.
- Deal was 5.4x oversubscribed; Class A notes rated AAA by S&P and DBRS; secured by $284M receivables with 2-year revolving period.
- Post-closing, fixed-rate debt is ~83% of total debt, with a 4.1% WAC and 1.4-year weighted-average revolving duration.
- Also amended warehouse facility extending Scheduled Commitment Termination Date to November 2026.

## SEC filing metadata
- accession: 0000950170-24-131517
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2024-11-27T23:59:59+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, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000095017024131517/0000950170-24-131517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000095017024131517/rm-20241125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-131517
- JSON: https://secwatch.observer/filing/0000950170-24-131517.json
- Plain text: https://secwatch.observer/filing/0000950170-24-131517.txt

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