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EZCORP Announces Closing of Private Offering of $300,000,000 of Senior Notes Due 2032
EZPWEZCORP(EZPW) GlobeNewswire·2025-03-28 20:05

Core Points - EZCORP, Inc. has successfully closed a private offering of 300millioninseniornotesdue2032[1][4]Thenotescarryaninterestrateof7.375300 million in senior notes due 2032 [1][4] - The notes carry an interest rate of 7.375% per annum, with interest payments starting on October 1, 2025 [2] - The net proceeds from the offering are approximately 292.5 million, which will be used primarily to repay existing convertible senior notes [3] Company Overview - EZCORP is a leading provider of pawn transactions in the United States and Latin America, established in 1989 [7] - The company also engages in selling pre-owned and recycled merchandise, primarily from collateral forfeited from pawn lending operations [7] - EZCORP is listed on NASDAQ under the symbol EZPW and is part of the S&P 1000 Index and Nasdaq Composite Index [7]