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Cash America redeems all 5¾% senior notes on FirstCash merger
By Tali Rackner
Norfolk, Va., Sept. 2 – Cash America International, Inc., redeemed all of its outstanding 5¾% senior notes due May 30, 2018 on Thursday in connection with its merger with First Cash Financial Services, Inc., according to an 8-K filing with the Securities and Exchange Commission.
The total redemption price, including accrued interest, was $198.6 million.
Wilmington Savinds Funds Society, FSB is the trustee.
Cash America is a Fort Worth-based specialty financial services provider. First Cash is a retail-based pawn store operator based in Arlington, Texas.
On Sept. 1, First Cash and Cash America completed a previously reported merger agreement in which they combined in an all-stock merger of equals. The combined company is named FirstCash, Inc. and has more than 2,000 retail pawn store across four countries.
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