Cash America to price $200 million five-year notes as early as Wednesday via Jefferies, JMP

By Paul A. Harris and Aleesia Forni

Virginia Beach, Va., May 8 - Cash America International Inc. is planning a $200 million sale of notes due May 30, 2018 (NAIC-2 flat), and the deal could price as early as Wednesday, according to a market source.

Jefferies & Co. and JMP are dealers for the Rule 144A and Regulation S with registration rights transaction.

The notes will be non-callable and feature a make-whole call at Treasuries plus 50 bps.

The notes also feature a 101% poison put.

Proceeds from the offering will be used to pay down the company's revolver and for general corporate purposes.

Cash America is a Fort Worth-based specialty financial services provider.

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