![]() ![]() Information found on the company’s or Cabot’s website is not incorporated by reference. ![]() More information about the Company’s Cabot Credit Management subsidiary can be found at. ![]() More information about the company can be found at. Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600 and the Wilshire 4500. Encore is the first and only company of its kind to operate with a Consumer Bill of Rights that provides industry-leading commitments to consumers. Through its subsidiaries around the globe, Encore purchases portfolios of consumer receivables from major banks, credit unions, and utility providers.Įncore partners with individuals as they repay their debt obligations, helping them on the road to financial recovery and ultimately improving their economic well-being. The amendment and extension we announced today represents another step in our process to continually improve the strength of our global balance sheet.”Įncore Capital Group is an international specialty finance company that provides debt recovery solutions and other related services for consumers across a broad range of financial assets. Encore Capital Group is one of the leading providers of debt management and recovery solutions for consumers and property owners across a broad range of. Latest borrow fee for Encore Capital Group (ECPG) shares on Interactive Brokers: 0.2584 (annualized) The cost to borrow / borrow fee is an annualized percentage an account is charged when borrowing shares of a stock. These refinancings culminated recently in June when we replaced the last of the legacy Cabot bonds with new Encore notes having a significantly reduced coupon, saving 325 basis points, which will reduce our interest expense. accelerate the growth of leading consumer products companies. Encore Capital Group, headquartered in San Diego, California, and established in 1953, is a debt recovery company. Company status Active Company type Private limited Company Incorporated on 16 February 2021. “Our process to achieve a unified global funding structure began in 2020 and included the refinancing by Encore of a number of bonds originally issued by our European business, Cabot Credit Management. The Investor Relations website contains information about Encore Capital Groups business for stockholders, potential investors, and financial analysts. More for ENCORE CAPITAL GROUP INC LTD (13204266) Registered office address Henleaze House, 13 Harbury Road, Bristol, England, BS9 4PN. “We have now successfully completed the amendment and extension of our global senior facility, demonstrating yet again that our unified funding structure provides us with one of the best balance sheets in the global credit management services industry,” said Jonathan Clark, Executive Vice President and Chief Financial Officer. All employees are eligible for uncapped commission or annual bonus incentives. 11, 2021 (GLOBE NEWSWIRE) - Encore Capital GroupG, an international specialty finance company, today announced that it had amended and restated its existing global senior secured revolving credit facility agreement to, among other things, reduce the LIBOR and EURIBOR floors from 0.75% to 0.00% and extend the termination date of the facility from September 2024 to September 2025. Pay and Bonuses: Earn a competitive salary. ![]()
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