Enova International Announces $600 Million Private Offering of Senior Notes Due 2031

Enova International, Inc. (NYSE: ENVA) has announced plans to launch a private offering of $600 million in senior unsecured notes due in 2031. The offering is intended for qualified institutional buyers under Rule 144A and certain persons outside the United States under Regulation S. The company intends to utilize the net proceeds primarily to redeem its existing 11.25% senior notes due 2028 on December 15, 2026. Any remaining funds from the offering will be directed toward paying transaction fees and reducing outstanding borrowings under the company's revolving credit facility.

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