CURO Group expands Canada SPV total capacity to C$400 million

By Mary-Katherine Stinson

Lexington, Ky., April 4 – CURO Group Holdings Corp. closed on C$50 million of additional committed capacity to its existing Canada SPV facility on March 31, according to a company press release.

The facility contains an accordion feature enabling the company to expand the committed capacity by an additional C$50 million in the future.

As a result, the total committed capacity is now up to C$400 million, from C$350 million as of Dec. 31.

CURO supplies financial products to non-prime U.S. consumers and prime- as well as non-prime Canadian consumers.

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