{"schema_version":"secwatch.filing_event.v1","accession":"0001084961-25-000107","form_type":"8-K","ticker":"ECPG","cik":"0001084961","company_name":"ENCORE CAPITAL GROUP INC","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.757224+00:00","generated_at":"2026-05-17T04:53:29.420036+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Encore Capital Group issues $500M 6.625% senior secured notes due 2031","bullets":["Issued $500M aggregate principal of 6.625% senior secured notes maturing April 15, 2031.","Interest payable semi-annually on April 15 and October 15, beginning April 15, 2026.","Proceeds used to repay drawings under revolving credit facility (Global Senior Facility) and pay transaction fees.","Notes are fully guaranteed on a senior secured basis by substantially all material subsidiaries.","Secured by substantially all assets of the company and guarantors; GLAS Trust as trustee, Truist Bank as security agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001084961-25-000107","json":"https://secwatch.observer/filing/0001084961-25-000107.json","markdown":"https://secwatch.observer/filing/0001084961-25-000107.md","text":"https://secwatch.observer/filing/0001084961-25-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084961/000108496125000107/0001084961-25-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084961/000108496125000107/ck0001084961-20251001.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:53:29.420036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"49af0735afe08afda42f3ce63618a96abc22ffb8","claim":"ENCORE CAPITAL GROUP INC incurred senior notes of $500.0 million with GLAS Trust Company LLC as trustee and Truist Bank as security agent at 6.625% per annum maturing April 15, 2031.","evidence_excerpt":"On October 1, 2025, Encore Capital Group, Inc. (the “Company”) issued $500.0 million aggregate principal amount of 6.625% senior secured notes due 2031","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084961/000108496125000107/0001084961-25-000107-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500.0 million"},{"label":"Counterparty","value":"GLAS Trust Company LLC as trustee and Truist Bank as security agent"},{"label":"Rate","value":"6.625% per annum"},{"label":"Maturity","value":"April 15, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}