---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-24-000052"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:22:10.281441+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Encore Capital issues $500M 8.500% senior secured notes due 2030

## Summary
- $500M aggregate principal, 8.500% interest, semi-annual payments, maturing May 15, 2030.
- Proceeds used to repay revolving credit facility, pay transaction fees, and for general corporate purposes.
- Intends to redeem €350M senior secured notes due 2025 on/about Oct 15, 2024 via borrowings or other financing.
- Notes are senior secured, guaranteed by substantially all material subsidiaries, secured by substantially all assets.

## SEC filing metadata
- accession: 0001084961-24-000052
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000052/0001084961-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496124000052/ck0001084961-20240521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-24-000052
- JSON: https://secwatch.observer/filing/0001084961-24-000052.json
- Plain text: https://secwatch.observer/filing/0001084961-24-000052.txt

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