EZCORP Inc. on May 14 issued $172.5 million aggregate principal amount of 2.375% convertible senior notes due May 1, 2025.

Interest is payable in cash on May 1 and Nov. 1 of each year, beginning Nov. 1. The initial conversion rate is 62.8931 shares of the company's class A nonvoting common stock per $1,000 principal amount of notes.