CURO Provides Business and Financial Update
CURO Group Holdings Corp. (CURO)
Last curo group holdings corp. earnings: 5/1 04:00 pm
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US:NYSE Investor Relations:
ir.curo.com/news-releases/2018/02-01-2018-234246861
Company Research
Source: Business Wire
Announces Closing of $200 Million Asset-Backed Revolving Credit Facility WICHITA, Kan.--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a market leader in providing short-term credit to underbanked consumers, today announced its response to the COVID-19 pandemic and provided an update on other important business and financial matters. This update is not intended as a full business and financial update and the Company currently expects to report earnings for the first quarter ended March 31, 2020 in a timeframe consistent with its past practices.Financing and Cash: The Company closed today an incremental Asset-Backed Revolving Credit Facility (the “Credit Facility”) to provide financing for U.S. installment and line-of-credit receivables, including those generated under its technology, marketing and servicing relationship with Stride Bank. The Credit Facility provides for $100.0 million of initial borrowing capacity and, subject to obtaining additional commitments,
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