Core Viewpoint - Enova International, Inc. successfully issued $500 million in Senior Notes due 2029, reflecting strong investor confidence in its growth strategy and financial performance [1][3]. Group 1: Financial Details - The Senior Notes were offered at a price of 100.000% of the principal amount and will bear interest at 9.125% per annum [1]. - The net proceeds from the offering will be used for multiple purposes, including repurchasing outstanding senior notes due 2025, funding the redemption of remaining 2025 Notes, paying related fees and expenses, repaying outstanding indebtedness under the revolving credit facility, and for general corporate purposes [2]. Group 2: Company Overview - Enova is a leading financial services company that provides online lending to small businesses and consumers underserved by traditional banks, utilizing advanced analytics and machine learning [4]. - The company has served over 10.5 million customers, providing more than $56 billion in loans and financing [4].
ENOVA ANNOUNCES CLOSING OF $500.0 MILLION OF SENIOR UNSECURED NOTES DUE 2029