FIRSTCASH, INC. (NYSE:FCFS) Files An 8-K Other Events
Item 8.01 Other Events.
release announcing the completion of the redemption of all of its
outstanding 6.75% senior notes due 2021 (the Notes) not tendered
in its previously completed tender offer and consent
solicitation. The redemption price was 105.063% of the unpaid
principal amount (principal of $50,421,000, plus a redemption
premium of $2,552,815 or $50.63>per $1,000 principal amount of
the Notes), plus accrued and unpaid interest on such Notes up to,
but excluding, the redemption date. The Company used proceeds
from its offering of $300,000,000 in aggregate principal amount
of 5.375% senior notes due>2024 to redeem all the remaining
outstanding Notes not tendered by the holders.
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(d) Exhibits:
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99.1
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Press release, dated June 29, 2017, announcing the
redemption of all of its outstanding 6.75% senior notes due 2021. |
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FIRSTCASH, INC ExhibitEX-99.1 2 fcfs06292017exhibit991.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1FirstCash Announces Redemption of 6.75% Senior Notes Due 2021 ____________________________________________________________Fort Worth,…To view the full exhibit click here About FIRSTCASH, INC. (NYSE:FCFS)
FirstCash, Inc., formerly First Cash Financial Services, Inc., is an operator of retail-based pawn stores in the United States and Mexico. The Company’s primary business is the operation of pawn stores, which make small pawn loans secured by personal property. Its pawn stores generate retail sales from the merchandise acquired through collateral forfeitures and over-the-counter purchases from customers. The Company’s pawn stores are a source for small consumer loans to help customers meet their short-term cash needs. In addition, some of its pawn stores offer small consumer loans or credit services products. As of December 31, 2015, the Company had 1,075 locations, consisting of 338 stores across 14 states of the United States, 705 stores across 29 states in Mexico and 32 stores in Guatemala. It operates a number of standalone consumer finance stores in Texas and Mexico, which provide consumer financial services products, including credit services and small unsecured consumer loans.
