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Enova International plans $250M senior notes offering

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Enova International plans $250M senior notes offering

Enova International Inc. plans to offer $250 million of senior notes due 2024, subject to market and other conditions.

The company intends to use the net proceeds to retire a portion of its outstanding senior notes due 2021, to pay the related accrued interest, premiums, fees and expenses associated therewith and for general corporate purposes.

The general corporate purposes may include working capital and future repurchases of Enova's outstanding debt securities. Such debt repurchases may be made by the company from time to time through one or more redemptions, privately negotiated or open market purchases.