Curo Group Holdings Corp (CURO) has released an update to notify the public and investors about an entry into a material definitive agreement.
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CURO Group Holdings Corp. successfully amended its agreement with noteholders to avoid a potential liquidity default and extend the grace period for missed interest payments from five to 30 days. This move came after gaining the majority consent from holders of its 7.500% Senior 1.5 Lien Secured Notes due 2028, indicating a proactive approach to managing its financial obligations and providing a buffer for the future.
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For a comprehensive understanding of the announcement, you can read the full document here.
