Curated News
By: NewsRamp Editorial Staff
April 15, 2025
EZCORP Closes $300 Million Senior Notes Offering with Roth Capital Partners as Co-Manager
TLDR
- EZCORP closed a private offering of $300 million of senior notes due 2032, strengthening its financial position.
- EZCORP used $103.4 million of the net proceeds to repay outstanding 2.375% convertible senior notes due 2025.
- EZCORP aims to satisfy consumers' short-term cash needs and enhance their customer experience, focusing on cash and credit-constrained individuals.
- Roth Capital Partners served as co-manager for EZCORP's recent private offering, showcasing collaborative efforts in financial transactions.
Impact - Why it Matters
This news highlights EZCORP's financial activities and strategic planning, showcasing its commitment to meeting consumer cash needs. Additionally, InvestorWire's role in syndicating press releases emphasizes the importance of effective communication for companies in reaching their target markets and investors.
Summary
EZCORP (NASDAQ: EZPW) recently closed a private offering of $300 million of 7.375% senior notes due 2032, using a portion of the net proceeds to repay outstanding convertible notes. Roth Capital Partners served as co-manager for the transaction.
For more information, visit https://ibn.fm/yVmWD. Formed in 1989, EZCORP is a leading provider of pawn transactions in the U.S. and Latin America, focusing on satisfying consumers' short-term cash needs.
InvestorWire (IW) is a specialized communications platform providing wire-grade press release syndication for private and public companies and the investment community, offering access to a vast network of wire solutions and editorial syndication.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, EZCORP Closes $300 Million Senior Notes Offering with Roth Capital Partners as Co-Manager
