Current Report Filing (8-k)
February 11 2019 - 6:13AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 11, 2019
CURO GROUP HOLDINGS CORP.
(Exact Name of Registrant as Specified in its Charter)
|
|
|
|
|
Delaware
|
|
001-38315
|
|
90-0934597
|
(State or Other Jurisdiction of Incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer Identification No.)
|
|
|
3527 North Ridge Road, Wichita, Kansas
|
|
67205
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
(316)
425-1410
(Registrants telephone number, including area code)
N/A
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
|
|
|
☐
|
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
§230.425)
|
|
|
☐
|
|
Soliciting material pursuant to Rule
14a-12
under the
Exchange Act (17 CFR
§240.14a-12)
|
|
|
☐
|
|
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
§240.14d-2(b))
|
|
|
☐
|
|
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
§240.13e-4(c))
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
1933 (17 CFR §230.405) or Rule
12b-2
of the Securities Exchange Act of 1934 (17 CFR
§240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Consent Solicitation
As previously announced on the
Companys Current Report on Form
8-K,
filed with the Securities and Exchange Commission on February 1, 2019 (incorporated herein by reference), on February 1, 2019, CURO Group Holdings Corp.
(the Company) launched a consent solicitation of the holders (Holders) of all of its 8.250% Senior Secured Notes due 2025 (the Notes) requesting consent to implement one or more of the Proposed
Transactions and to provide a
one-time
waiver with respect to certain provisions contained in the indenture governing the Notes to permit the implementation of any of the Proposed
Transactions (the Proposed Waiver/Consent). For a description of the Proposed Transactions, please see the Companys Current Report on Form
8-K,
filed with the Securities and
Exchange Commission on January 31, 2019, which description is incorporated herein by reference. On February 8, 2019, the Company received consents to the Proposed Waiver/Consent from Holders holding a majority in aggregate principal amount of
the outstanding Notes and the Proposed Waiver/Consent became effective.
In connection with the consummation of the consent solicitation, Holders of
$680,578,000 aggregate principal amount of Notes delivered valid consents at or prior to the expiration of the consent solicitation, and a cash payment of $10.00 per $1,000 in aggregate principal amount of Notes will be paid to such consenting
Holders.
About CURO
CURO Group Holdings Corp.
(NYSE: CURO), operating in three countries and powered by its fully integrated technology platform, is a market leader by revenues in providing short-term credit to underbanked consumers. In 1997, the Company was founded in Riverside, California by
three Wichita, Kansas childhood friends to meet the growing consumer need for short-term loans. Their success led to opening stores across the United States and expanding to offer online loans and financial services across three countries. Today,
CURO combines its market expertise with a fully integrated technology platform, omni-channel approach and advanced credit decisioning to provide an array of short-term credit products across all mediums. CURO operates under a number of brands
including Speedy Cash, Rapid Cash, Cash Money, LendDirect, Avío Credit, WageDayAdvance, Juo Loans, and Opt+. With over 20 years of operating experience, CURO provides financial freedom to the underbanked.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized on this 11
th
day of February, 2019.
|
|
|
CURO Group Holdings Corp.
|
|
|
By:
|
|
/s/ Vin Thomas
|
Name:
|
|
Vin Thomas
|
Title:
|
|
Chief Legal Officer
|
CURO (NYSE:CURO)
Historical Stock Chart
From Aug 2024 to Sep 2024
CURO (NYSE:CURO)
Historical Stock Chart
From Sep 2023 to Sep 2024