CURO Group Holdings Corp. announced that 5 million of its common shares being sold by some of its shareholders have been priced at $23.00 per share.
The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 750,000 common shares.
All proceeds will be received by the selling shareholders. CURO Group is not selling any shares and will not receive any proceeds from the sale.
Credit Suisse Securities (USA) LLC, Jefferies LLC and Stephens Inc. are acting as joint lead book-running managers for the offering. William Blair & Co. LLC is acting as a passive book runner, and Janney Montgomery Scott LLC is acting as a co-manager.