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Stock impact report

FirstCash Announces Commencement of Offering of Senior Notes [Yahoo! Finance]

FirstCash Holdings, Inc. (FCFS) 
Last firstcash holdings, inc. earnings: 4/22 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.firstcash.com
Company Research Source: Yahoo! Finance
the Company's wholly-owned subsidiary, FirstCash, Inc. (the “Issuer”), has commenced an offering through a private placement, subject to market and other conditions, of $500,000,000 in aggregate principal amount of senior notes due 2032 (the “Notes”). The Notes will be unsecured senior obligations of the Issuer and will be guaranteed by FirstCash and its domestic subsidiaries that guarantee its revolving unsecured credit facility and existing senior unsecured notes. FirstCash intends to use the proceeds from the offering to repay a portion of the Issuer's outstanding borrowings under its revolving unsecured credit facility, after payment of fees and expenses related to the offering. The Notes are being offered in a private placement, solely to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or outside the United States to person Show less Read more
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