debt
confidence high
sentiment neutral
materiality 0.55
Enova's subsidiary issues $300.9M securitized notes backed by $316.7M consumer loan pool
Enova International, Inc.
- Issued $300,886,000 in 2026-A Notes: $240.7M Class A (5.88%), $44.3M Class B (7.68%), $15.8M Class C (10.64%).
- Collateral: ~$316.72M of unsecured consumer installment loans pledged to NetCredit Combined Receivables B, LLC.
- Notes mature September 20, 2032; proceeds fund receivable purchase, reserve account, and transaction fees.
- Issuer is wholly-owned Enova subsidiary; notes not guaranteed by Enova and sold via Rule 144A/Reg S.
- Class A coupon 5.88%, Class B 7.68%, Class C 10.64% fixed interest.