goeasy (TSE:GSY) has released an update.
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goeasy Ltd. has successfully closed a US$200 million offering of senior unsecured notes, which was increased from an initial US$150 million due to high demand. The company secured a favorable Canadian dollar equivalent borrowing cost of 6.38% through a currency swap, intending to use the proceeds for general corporate purposes including debt repayment. This strategic financial move bolsters goeasy’s capacity to over $1.5 billion, supporting its growth plans.
For further insights into TSE:GSY stock, check out TipRanks’ Stock Analysis page.
