![]() Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement and healthcare verticals, through over 9,100 merchant partners across Canada. Supported by approximately 2,400 employees, the Company offers a wide variety of financial products and services including unsecured and secured instalment loans, merchant financing through a variety of verticals and lease-to-own merchandise. is a Canadian company, headquartered in Mississauga, Ontario, that provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. After giving effect to the Currency Swap, goeasy estimates that the net proceeds from the Offering will be approximately C$745 million after deducting fees and estimated expenses. Before giving effect to the Currency Swap, the coupon on the Notes is 9.25% per annum. (TSX: GSY) (“ goeasy” or the “ Company”), one of Canada’s leading non-prime consumer lenders, is pleased to announce that in connection with the offering (the “ Offering”) of its US$550 million aggregate principal amount of senior unsecured notes due 2028 (the “ Notes”), which was announced on November 13, 2023, it has now also entered into a currency swap agreement (the “ Currency Swap”) to reduce the Canadian dollar equivalent cost of borrowing on the Notes to 8.79% per annum, by fixing the foreign currency exchange rate for the proceeds from the Offering, consistent with the Company’s previous announcement of its intention to do so.
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