---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-23-000096"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:00:00.538827+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Encore Capital announces €100M senior secured floating rate notes offering due 2028

## Summary
- €100M aggregate principal of senior secured floating rate notes due 2028, priced at 99.01%.
- Interest rate: 3-month EURIBOR (0% floor) + 4.250% p.a., reset quarterly; matures Jan 15, 2028.
- Proceeds to repay drawings under revolving credit facility and pay transaction fees.
- Notes are additional notes under existing indenture, guaranteed by material subsidiaries.
- Year-to-date through Aug 31, 2023, global cash collections in line with first half; leverage 2.8x.

## SEC filing metadata
- accession: 0001084961-23-000096
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496123000096/0001084961-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496123000096/ecpg-20231009.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-23-000096
- JSON: https://secwatch.observer/filing/0001084961-23-000096.json
- Plain text: https://secwatch.observer/filing/0001084961-23-000096.txt

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