Consumer lender Curo files for bankruptcy to cut $1 bln in debt [Reuters]
CURO Group Holdings Corp. (CURO)
Last curo group holdings corp. earnings: 5/1 04:00 pm
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US:NYSE Investor Relations:
ir.curo.com/news-releases/2018/02-01-2018-234246861
Company Research
Source: Reuters
would eliminate $1 billion in debt and hand control of the company to its lenders. The Chicago-based company owes $2.1 billion to a group of investment funds that include Oaktree Capital Management, Caspian Capital and Empyrean Capital Partners. About three-quarters of its lenders support its restructuring plan, and Curo intends to build on that support to complete its bankruptcy restructuring within 120 days, the company said Monday. "The significant support we have received from our lenders and stakeholders will allow us to move forward expeditiously as we continue to provide our customers with a variety of convenient, easily accessible financial services," Curo CEO Doug Clark said in a statement. The company primarily provides short-term loans to U.S. and Canadian consumers who make between $10,000 and $60,000 a year. It operates under several consumer-facing brands, including Covington Credit, First Heritage Credit, Heights Finance, Southern Finance, Quick Credit, Cash Money
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CURO
News
- CURO Group Holdings Corp. to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement; Implements Prepackaged Restructuring Plan by Commencing Voluntary Chapter 11 Reorganization [Yahoo! Finance]Yahoo! Finance
- CURO Group Holdings Corp. to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement; Implements Prepackaged Restructuring Plan by Commencing Voluntary Chapter 11 ReorganizationBusiness Wire
- CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and Stakeholders [Yahoo! Finance]Yahoo! Finance
- CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and StakeholdersBusiness Wire
- CURO Group Holdings Corp. Enters Forbearance Agreements and Waiver to Allow for Continued Constructive Discussions with Lenders and Stakeholders [Yahoo! Finance]Yahoo! Finance
CURO
Earnings
- 11/2/23 - Beat
CURO
Sec Filings
- 3/26/24 - Form S-8
- 3/26/24 - Form POS
- 3/26/24 - Form S-8
- CURO's page on the SEC website