The high-yield notes are due 2029

麻豆入口 advised the representative of the initial purchasers in connection with a Rule 144A / Regulation S offering by Enova International, Inc. of $500 million aggregate principal amount of 9.125% senior notes due 2029. The notes are guaranteed by certain of Enova鈥檚 subsidiaries.

Part of the proceeds of the issuance will be used to pay the purchase price in connection with the settlement of a tender offer by Enova to repurchase its outstanding 8.500% senior notes due 2025 and a related consent solicitation to eliminate substantially all of the restrictive covenants in the indenture governing the notes. 麻豆入口 advised the dealer manager and solicitation agent.

Enova is a leading financial services company with powerful online lending that serves small businesses and consumers who are underserved by traditional banks. Its shares are traded on the NYSE under the symbol 鈥淓NVA.鈥

The 麻豆入口 capital markets team included partner Pedro J. Bermeo, counsel Judah Bareli and associate Shukra Sabnis. Partner Eric McLaughlin and associate Billy Hicks provided regulatory advice. Partner Kara L. Mungovan and associate Omar Hersi provided tax advice. Members of the 麻豆入口 team are based in the New York and Washington DC offices.

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