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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”).
22 May 2019
Cabot Credit Management wins awards for its handling of vulnerable customers and its professional legal firm
Cabot Credit Management has won two awards at the Credit Awards 2019 – Best Vulnerable Customer Strategy – Provider - with Cabot Financial and - Law Firm of the Year - with Mortimer Clarke Solicitors.
09 May 2019
Financial Results for three months ending 31 March 2019
Cabot Credit Management continues to deliver a strong performance as market conditions improve