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Published on 12/4/2023 in the Prospect News Bank Loan Daily.

Enova plans to prepay portion of revolver from new notes

Chicago, Dec. 4 – Enova International, Inc. plans to use the proceeds of a new notes offering to prepay a portion of the outstanding borrowings under its senior revolving credit facility, according to a press release.

The company is also using the proceeds to redeem all $169 million of its 8˝% senior notes due 2024 on a Jan. 3 early redemption date.

Enova International is an online financial services provider. The company is based in Chicago.


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