goeasy (TSE:GSY) has released an update.
goeasy Ltd., a prominent Canadian consumer lender, announced its intention to offer US$150 million of senior unsecured notes aimed at bolstering its financial positioning. The proceeds from this offering are slated for general corporate use, including debt repayment, and will be complemented by a currency swap to manage exchange rate risks. The notes will join a series with existing unsecured notes and will be guaranteed by goeasy’s subsidiaries.
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