---
schema_version: "secwatch.filing_event.v1"
accession: "0001711291-24-000021"
form_type: "8-K"
ticker: null
cik: "0001711291"
company_name: "CURO Group Holdings Corp."
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:38:05.040099+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CURO Group misses $37.5M in interest payments, enters forbearance agreements until March 18

## Summary
- Missed $25.6M interest payment on 7.500% 1.5L Notes and $11.9M on 7.500% 2.0L Notes on Feb 1, 2024.
- Entered forbearance with holders of ~84% of 1.5L Notes and ~74% of 2.0L Notes; forbearance through March 18, 2024.
- Obtained waiver from lenders holding >80% of term loans under 1.0L Credit Agreement for cross-default and liquidity covenants.
- Company does not expect to cure interest payments within grace periods; event of default anticipated upon expiration.
- Discussions with lenders and stakeholders for a comprehensive financial restructuring remain ongoing.

## SEC filing metadata
- accession: 0001711291-24-000021
- form_type: 8-K
- cik: 0001711291
- company_name: CURO Group Holdings Corp.
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711291/000171129124000021/0001711291-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711291/000171129124000021/curo-20240301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001711291-24-000021
- JSON: https://secwatch.observer/filing/0001711291-24-000021.json
- Plain text: https://secwatch.observer/filing/0001711291-24-000021.txt

## Key facts
- Material Agreements
  CURO Group Holdings Corp. entered into 1.5L Notes Forbearance Agreement with certain beneficial owners of approximately 84% of the outstanding aggregate principal amount of 1.5L Notes (effective 2024-03-01).
  - Action: entry
  - Counterparty: certain beneficial owners of approximately 84% of the outstanding aggregate principal amount of 1.5L Notes
  - Effective: 2024-03-01
  source text: On March 1, 2024, the Company entered into a Forbearance Agreement (the “1.5L Notes Forbearance Agreement”) with certain beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) (the “1.5L Forbearing Noteholders”) of approximately 84% of the outstanding aggregate principal amount of 1.5L Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711291/000171129124000021/0001711291-24-000021-index.htm
- Material Agreements
  CURO Group Holdings Corp. entered into 2.0L Notes Forbearance Agreement with certain beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) (effective 2024-03-01).
  - Action: entry
  - Counterparty: certain beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners)
  - Effective: 2024-03-01
  source text: Also on March 1, 2024, the Company entered into a Forbearance Agreement (the “2.0L Notes Forbearance Agreement”) with certain beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) (the “2
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711291/000171129124000021/0001711291-24-000021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.