Enova subsidiary enters $150M securitization facility with Banc of California

Enova International, Inc.

NetCredit LOC Receivables 2025, LLC signed $150M Loan & Security Agreement with Banc of California as admin agent.
Facility includes $125M Class A at SOFR+3.50% and $25M Class B at SOFR+8.00%; blended rate SOFR+4.25%.
Borrowing base advance rates: 75% for Class A, 90% for Class B (overall 90% of eligible receivables).
Revolving period ends July 17, 2027; final maturity July 17, 2028.

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