debt
confidence high
sentiment positive
materiality 0.65
Encore Capital prices $750M senior secured notes at 6.625%, upsized from $550M
ENCORE CAPITAL GROUP INC
- Offered $750M aggregate principal of 6.625% senior secured notes due June 1, 2032, upsized from $550M.
- Proceeds will redeem in full $500M of 9.250% senior secured notes due 2029 and €200M of floating rate notes due 2028.
- Notes are senior secured obligations guaranteed by material subsidiaries and secured by substantially all assets.
- Offering does not change FY 2026 guidance provided on May 6, 2026.