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Prospect News home > News index > List of issuers C > Headlines for Cabot Financial (Luxembourg) SA > News item
Published on 10/7/2016 in the Prospect News Bank Loan Daily.

Cabot Financial partially repays senior facilities via note offering

By Tali Rackner

Norfolk, Va., Oct. 7 – Cabot Financial (Luxembourg) SA partially repaid amounts outstanding under its senior facilities with the net proceeds from a £350 million offering of 7½% senior secured notes due 2023, according to an 8-K filing with the Securities and Exchange Commission.

Proceeds were also used to fully redeem its £265 million in senior secured notes due 2019.

Cabot is a West Malling, England-based credit management services provider. It is an indirect subsidiary of Encore Capital Group, Inc.


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