debt
confidence high
sentiment positive
materiality 0.60
Encore Capital upsizes revolver by $92M to $1.295B, extends maturity, lowers rate
ENCORE CAPITAL GROUP INC
- Facility increased from $1,203M to $1,295M; termination date extended to September 2028.
- Interest margin reduced by 0.25% from 2.50% to 2.25%.
- $22.5M tranche retains September 2027 termination; covenants aligned with recent senior secured notes.
- Truist Bank acts as Agent and Security Agent under the amended facility.