debt
confidence high
sentiment neutral
materiality 0.60
FirstCash Holdings, Inc. (FCFS): debt financing — FirstCash closes $750M 6.125% senior notes offering due 2034
FirstCash Holdings, Inc.
- Issued $750M principal of 6.125% senior notes due 2034 via subsidiary FirstCash, Inc.
- Notes unsecured senior obligations, guaranteed by parent and domestic subsidiaries.
- Interest payable semi-annually May/Nov starting Nov 2026; maturity May 1, 2034.
- Make-whole redemption prior to May 2029; up to 40% redeemable with equity proceeds.
- Covenants restrict additional debt, dividends, stock repurchases, asset sales, mergers.