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Published on 2/15/2024 in the Prospect News Bank Loan Daily.

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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