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CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and Stakeholders [Yahoo! Finance]

CURO Group Holdings Corp. (CURO) 
Last curo group holdings corp. earnings: 5/1 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
serving consumers in the United States and Canada, today announced that it has received notice on behalf of certain holders of the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the "1.5L Noteholders") and certain holders of the Company's 7.500% Senior Secured Notes due 2028 (the "2.0L Noteholders") that the requisite 1.5L Noteholders and requisite 2.0L Noteholders, in each case, consent to an extension of the scheduled expiration date under the forbearance agreements entered into on March 1, 2024 (the "Amendments to the Forbearance Agreements") and that lenders (together with the 1.5L Noteholders and the 2.0L Noteholders, the "Lenders") holding at least a majority in amount of term loans under the Company's 1.0 Lien Credit Agreement (the "Credit Agreement") have delivered an amendment (the "Waiver Amendment") to the March 1, 2024 waiver of certain events of default under the Credit Agreement to extend the scheduled waiver expiration date thereunder. Under the terms of the Show less Read more
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