secwatch.observer — SEC 8-K summary
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Issuer:     Enova International, Inc. (ENVA)
CIK:        0001529864
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001193125-25-280232
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enova subsidiary issues $261.4M asset-backed notes in Series 2025-2 securitization
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- Initial principal $261.4M across four classes; weighted avg fixed coupon 5.65%.
- Class A $122.2M at 4.84%, Class B $58.8M at 5.23%, Class C $49.5M at 6.30%, Class D $31.0M at 8.58%.
- Revolving period ends Oct 2028; optional prepayment from Dec 2027; final maturity Nov 2032.
- Proceeds used to purchase small business loans from OnDeck; collateral pool ~$275M; Notes unregistered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1529864/000119312525280232/0001193125-25-280232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1529864/000119312525280232/enva-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-280232

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