secwatch.observer — SEC 8-K summary
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Issuer:     WORLD ACCEPTANCE CORP (WRLD)
CIK:        0000108385
Form:       8-K
Filed at:   2021-09-21T23:59:59+00:00
Accession:  0001157523-21-001154
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Acceptance announces $300M senior notes offering, preliminary two-month results
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- Offers $300M senior notes due 2026 in private placement; proceeds to repay revolving credit facility.
- Preliminary two-month ended Aug 31, 2021: loan book growth ~$130.5M, consumer loans $1.35B.
- Annualized net charge-off rate 10.0%, down from 15.2% in same period last year.
- Average APR on portfolio declined to 49.7% as of Aug 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108385/000115752321001154/0001157523-21-001154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108385/000115752321001154/a52494070.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer