Ezcorp Closes $300 Million Private Debt Offering
MT Newswires Live03-28
Ezcorp (EZPW) said Friday it has closed a private offering of $300 million of 7.375% senior notes due 2032.
The net proceeds were roughly $292.5 million, and the company plans to use $103.4 million to repay 2.375% convertible senior notes maturing in 2025 and the remaining proceeds for general corporate purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.