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FirstCash to repay some revolver borrowings via new notes
By Marisa Wong
Los Angeles, Feb. 15 – FirstCash, Inc. plans to repay a portion of the outstanding borrowings under its revolving unsecured credit facility using proceeds from an offering of senior notes, according to a press release.
The company announced on Thursday plans to sell $500 million of senior notes due 2032.
FirstCash is a Fort Worth-based pawn shop operator.
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