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Prospect News home > News index > List of issuers R > Headlines for Rent-A-Center Inc. > News item
Published on 2/4/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P rates Rent-A-Center notes B

S&P said it assigned its B issue-level rating and 6 recovery rating to Rent-A-Center Inc.’s planned $450 million of senior unsecured notes due 2029. The 6 recovery rating reflects expectations for negligible (0%-10%; rounded estimate: 0%) recovery in default.

The company will use proceeds to finance its acquisition of Acima for $1.65 billion.


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