---
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"
generated_at: "2026-05-17T04:53:29.420036+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Encore Capital Group issues $500M 6.625% senior secured notes due 2031

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-25-000107
- JSON: https://secwatch.observer/filing/0001084961-25-000107.json
- Plain text: https://secwatch.observer/filing/0001084961-25-000107.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $500.0 million
  - Counterparty: GLAS Trust Company LLC as trustee and Truist Bank as security agent
  - Rate: 6.625% per annum
  - Maturity: April 15, 2031
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000107/0001084961-25-000107-index.htm

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