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 11/12/2020 in the Prospect News High Yield Daily.

Encore Capital to offer £250 million senior notes due 2026

By Taylor Fox

New York, Nov. 12 – Encore Capital Group Inc. is planning to offer £250 million of senior secured notes due 2026, according to a news release.

The Rule 144A and Regulation S notes will be guaranteed on a senior secured basis by all material subsidiaries of Encore.

Proceeds will be used to redeem some of the £512.9 million 7 ½% senior secured notes due 2023 issued by subsidiary Cabot Financial (Luxembourg) SA.

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


© 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.