E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers E > Headlines for Encore Capital Group, Inc. > News item
Published on 5/17/2021 in the Prospect News High Yield Daily.

Encore plans to price £250 million Rule 144A senior notes due 2028

By Devika Patel

Knoxville, Tenn., May 17 – Encore Capital Group, Inc. expects to sell £250 million of senior secured notes due 2028 in a Rule 144A sale (//BB+), according to a press release.

Proceeds will be used to redeem in full the outstanding £226.2 million 7½% senior secured notes due 2023, which were issued by subsidiary Cabot Financial (Luxembourg) SA.

Encore Capital is a San Diego-based provider of debt management and recovery solutions for consumers and property owners.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.