{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-196068","form_type":"8-K","ticker":"ENVA","cik":"0001529864","company_name":"Enova International, Inc.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.213174+00:00","generated_at":"2026-06-13T00:25:35.971337+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Enova subsidiary issues $227.1M in asset-backed notes at 7.66% weighted average coupon","bullets":["ODAS IV issued $227.1M Series 2023-1 Notes: Class A $143.8M at 7.00%, Class B $56.3M at 8.25%, Class C $27.0M at 9.93%.","Weighted average fixed interest coupon 7.66% per annum; final maturity August 2030.","Proceeds used to purchase small business loans from OnDeck subsidiary; initial collateral pool ~$250M.","Revolving pool structure with revolving period ending July 2026; optional prepayment from August 2025.","No direct recourse to Enova or OnDeck; transaction bankruptcy remote; notes offered under Rule 144A/Reg S."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-196068","json":"https://secwatch.observer/filing/0001193125-23-196068.json","markdown":"https://secwatch.observer/filing/0001193125-23-196068.md","text":"https://secwatch.observer/filing/0001193125-23-196068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529864/000119312523196068/0001193125-23-196068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529864/000119312523196068/d506855d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T00:25:35.971337+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9400f00d5cf574ae43194dfb9d157a04bf026b58","claim":"Enova International, Inc. incurred senior notes of $227.1 million initial principal amount with Deutsche Bank Trust Company Americas at weighted average fixed interest coupon of 7.66% per annum maturing August 2030.","evidence_excerpt":"On July 27, 2023, OnDeck Asset Securitization IV, LLC (“ ODAS IV ”), a wholly-owned indirect subsidiary of Enova International, Inc. (the “ Company ”), issued $227.1 million initial principal amount of Fixed-Rate Asset Backed Notes (the “ Series 2023-1 Notes ”) in a securitization transaction (the “ Series 2023-1 Transaction ” and such series, the “ 2023-1 Series ” ).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529864/000119312523196068/0001193125-23-196068-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$227.1 million initial principal amount"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas"},{"label":"Rate","value":"weighted average fixed interest coupon of 7.66% per annum"},{"label":"Maturity","value":"August 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8c01f84721e4fe45d74fdad6aa7ea3bc2a90680c","claim":"Enova International, Inc. entered into Base Indenture and Series 2023-1 Indenture Supplement with Deutsche Bank Trust Company Americas valued at $227.1 million initial principal amount of Fixed-Rate Asset Backed Notes (effective 2023-07-27).","evidence_excerpt":"The Series 2023-1 Notes were issued pursuant to the Base Indenture dated as of July 27, 2023 (the “ Base Indenture ”), as supplemented by the Series 2023-1 Indenture Supplement, dated as of July 27, 2023 (the “ Series 2023-1 Indenture Supplement ” and together with the Base Indenture, the “ Indenture ”), by and between ODAS IV and Deutsche Bank Trust Company Americas, as Indenture Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529864/000119312523196068/0001193125-23-196068-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Deutsche Bank Trust Company Americas"},{"label":"Value","value":"$227.1 million initial principal amount of Fixed-Rate Asset Backed Notes"},{"label":"Effective","value":"2023-07-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}