FirstCash Holdings announced that the Company’s wholly-owned subsidiary, FirstCash, 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 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.
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