News

The latest on Europe’s leading credit management services group

12 June 2019

Cabot Credit Management Strengthens its Awareness of Domestic and Economic Abuse

Cabot Credit Management, one of the largest credit management service providers in Europe, is working closely with The Domestic and Economic Abuse Project (DEAP) set up by Money Advice Plus and Surviving Economic Abuse charities, to strengthen its understanding of its customers who are victims of domestic and economic abuse.

Vulnerability Matters - podcast for Money Advice Trust

07 June 2019

Vulnerability Matters - podcast for Money Advice Trust

Emma Bantges, Cabot Customer Operation Enhancement Manager and Group Vulnerable Champion, recently took part in a Vulnerability Matters podcast for Money Advice Trust.

06 June 2019

Cabot Credit Management Announces Pricing of €400 Million Senior Secured Notes Offering

West Malling, Kent—Cabot Credit Management Limited (“CCM”) announced today that its 100% indirectly owned subsidiary Cabot Financial (Luxembourg) II S.A. (the “Issuer”) had priced an offering of €400.0 million aggregate principal amount of Senior Secured Floating Rate Notes due 2024 (the “Notes”) with a coupon of 6.375% plus three-month EURIBOR (subject to a 0% floor), reset quarterly, in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States to certain non-U.S. persons pursuant to Regulation S under the Securities Act of 1933, as amended (the “Offering”). The gross proceeds of the Offering will be €400.0 million.

06 June 2019

Conditional Notice of Redemption of Cabot Financial (Luxembourg) S.A.

Notice is hereby given in accordance with Sections 3.03 and 3.07 of the indenture dated as of March 27, 2014 (as amended through the date hereof, the “Indenture”), by, amongst others, Cabot Financial (Luxembourg) S.A., as the Issuer (the “Issuer”), Citibank, N.A., London Branch, as Trustee, Principal Paying Agent and Transfer Agent, Citigroup Global Markets Europe AG (formerly Citigroup Global Markets Deutschland AG), as Registrar and J.P. Morgan Europe Limited, as Security Agent, governing the Issuer’s 6.500% Senior Secured Notes due 2021 (the “Notes”). The terms not otherwise defined herein shall have the meanings given to them in the Indenture.

04 June 2019

Conditional Notice of Redemption of Cabot Financial (Luxembourg) II S.A.

Notice is hereby given in accordance with Sections 3.03 and 3.07 of the indenture dated as of November 11, 2015 (as amended through the date hereof, the “Indenture”), by, amongst others, Cabot Financial (Luxembourg) II S.A., as the Issuer (the “Issuer”), Citibank, N.A., London Branch, as Trustee, Principal Paying Agent and Transfer Agent, Citigroup Global Markets Europe AG (formerly Citigroup Global Markets Deutschland AG), as Registrar and J.P. Morgan Europe Limited, as Security Agent, governing the Issuer’s Senior Secured Floating Rate Notes due 2021 (the “Notes”). The terms not otherwise defined herein shall have the meanings given to them in the Indenture.

03 June 2019

Cabot Credit Management Announces €310 Million Senior Secured Floating Rate Notes Offering

Cabot Credit Management Limited (“CCM”) announced today that its 100% indirectly owned subsidiary Cabot Financial (Luxembourg) II S.A. (the “Issuer”) has launched an offering for €310 million aggregate principal amount of Senior Secured Floating Notes due 2024 (the “Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States to certain non-US persons pursuant to Regulation S under the Securities Act of 1933, as amended (the “Offering”).