Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
CONNS INC incurred senior notes of $133,490,000 Asset Backed Fixed Rate Notes, Class A, Series 2024-A, due January 16, 2029; $98,120,000 Asset Backed Fixed with MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Regions Securities LLC at 7.05% ... 9.80% ... 10.34% maturing January 16, 2029.
- Instrument
- senior notes
- Principal
- $133,490,000 Asset Backed Fixed Rate Notes, Class A, Series 2024-A, due January 16, 2029; $98,120,000 Asset Backed Fixed
- Counterparty
- MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Regions Securities LLC
- Rate
- 7.05% ... 9.80% ... 10.34%
- Maturity
- January 16, 2029
- Event
- incurrence
Exact text from the filing
On January 26, 2024, affiliates of Conn’s, Inc. (the “ Company ”) completed a securitization transaction (the “ Securitization Transaction ”), which involved the issuance and sale in a private offering of 7.05% $133,490,000 Asset Backed Fixed Rate Notes, Class A, Series 2024-A, due January 16, 2029 (the “ Class A Notes ”), 9.80% $98,120,000 Asset Backed Fixed Rate Notes, Class B, Series 2024-A, due January 16, 2029 (the “ Class B Notes ”), and 10.34% $27,760,000 Asset Backed Fixed Rate Notes, Class C, Series 2024-A, due January 16, 2029
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CONNS INC entered into Base Indenture with Computershare Trust Company, National Association (effective 2024-01-26).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Computershare Trust Company, National Association
- Effective
- 2024-01-26
Exact text from the filing
The Series 2024-A Notes were issued by the Issuer pursuant to a Base Indenture, dated January 26, 2024, by and between the Issuer and the Trustee (the “ Base Indenture ”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CONNS INC entered into Purchase and Sale Agreement with Conn’s Receivables Funding 2024-A, LLC (effective 2024-01-26).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Conn’s Receivables Funding 2024-A, LLC
- Effective
- 2024-01-26
Exact text from the filing
the Receivables Trust Certificate was sold by the Depositor to the Issuer pursuant to a Purchase and Sale Agreement, dated January 26, 2024, by and between the Depositor and the Issuer (the “ Purchase and Sale Agreement ”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
CONNS INC entered into a underwriting with MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Regions Securities LLC.
- Action
- entry
- Agreement
- underwriting
- Counterparty
- MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Regions Securities LLC
Exact text from the filing
The Purchased Notes were sold initially to MUFG Securities Americas Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Regions Securities LLC (collectively, the “ Initial Purchasers ”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CONNS INC entered into Second Receivables Purchase Agreement with Conn’s Receivables 2024-A Trust (effective 2024-01-26).
- Action
- entry
- Counterparty
- Conn’s Receivables 2024-A Trust
- Effective
- 2024-01-26
Exact text from the filing
pursuant to a Second Receivables Purchase Agreement, dated as of January 26, 2024, by and between the Depositor and the Receivables Trust (the “ Second Purchase Agreement ”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
CONNS INC entered into First Receivables Purchase Agreement with Conn Appliances Receivables Funding, LLC (effective 2024-01-26).
- Action
- entry
- Counterparty
- Conn Appliances Receivables Funding, LLC
- Effective
- 2024-01-26
Exact text from the filing
to Conn Appliances Receivables Funding, LLC, an indirect wholly owned subsidiary of the Company (the “ Depositor ”), pursuant to a First Receivables Purchase Agreement, dated as of January 26, 2024, by and between the Seller and the Depositor (the “ First Purchase Agreement ”)
View on SEC.gov