CURO
CURO Group Holdings Corp.CURO
CURO
Delisted
CURO was delisted on the 11th of March, 2024.
About: CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm operates under three segments: US, Canada Direct Lending, and Canada POS Lending.
Employees: 4,000
Financial journalist opinion
Negative
PYMNTS
1 year ago
Consumer Credit Lender CURO Files for Bankruptcy Protection
CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement; Implements Prepackaged Restructuring Plan by Commencing Voluntary Chapter 11 Reorganization
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (OTC: CURO) (“CURO” or the “Company”) today announced that, on March 22, 2024, it entered into a Restructuring Support Agreement (“RSA”) that is supported by holders (or their investment managers) of more than 74% of each of: (i) loans under the Company's First Lien Credit Agreement (“1L Lenders”), (ii) the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Notes” and, such parties, the “1.5L Noteholders”), and (iii) the Compan.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. Enters Forbearance Agreement Amendments and Waiver Amendment to Allow for Continued Constructive Discussions with Lenders and Stakeholders
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (OTC: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it has received notice on behalf of certain holders of the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Noteholders”) and certain holders of the Company's 7.500% Senior Secured Notes due 2028 (the “2.0L Noteholders”) that the requisite 1.5L Noteholders and requisite 2.0L N.
Neutral
Business Wire
1 year ago
NYSE to Commence Delisting Proceedings Against CURO Group Holdings Corp. (CURO)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of CURO Group Holdings Corp. (the “Company”) — ticker symbol CURO — from the NYSE. Trading in the Company's common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company's common stock pursuant to Section 802.01B of the NYSE's Listed Company Manual because the C.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. Enters Forbearance Agreements and Waiver to Allow for Continued Constructive Discussions with Lenders and Stakeholders
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the United States and Canada, today announced that it entered into forbearance agreements (the “Forbearance Agreements”) with the holders of approximately 84% of the outstanding aggregate principal amount of the Company's 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “1.5L Noteholders”) and the holders of approximately 74% of the outstand.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. Announces Expiration and Results of Consent Solicitation for its 7.500% Senior 1.5 Lien Secured Notes Due 2028
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced the expiration and results of its previously announced consent solicitation (the “Consent Solicitation”) from all registered holders (individually, a “Holder,” and collectively, the “Holders”) of the Company's outstanding 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “Notes”), issued pursuant to the In.
Negative
Zacks Investment Research
1 year ago
Curo Group (CURO) Reports Q4 Loss, Misses Revenue Estimates
Curo Group (CURO) came out with a quarterly loss of $1.05 per share versus the Zacks Consensus Estimate of a loss of $0.65. This compares to loss of $0.80 per share a year ago.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. Reports Preliminary Fourth Quarter and Full Year 2023 Financial Results
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced preliminary financial results for its fourth quarter and full year ended December 31, 2023. "Throughout 2023, we executed on our plan to enhance our underwriting and credit performance and simplify our overall operations, including consolidating our U.S. footprint onto one loan management system and further.
Neutral
Business Wire
1 year ago
CURO Group Holdings Corp. Announces Consent Solicitation for 7.500% Senior 1.5 Lien Secured Notes Due 2028
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, today announced that it is soliciting consents (the “Consent Solicitation”) from all registered holders (individually, a “Holder,” and collectively, the “Holders”) of its outstanding 7.500% Senior 1.5 Lien Secured Notes due 2028 (the “Notes”), issued pursuant to the Indenture, dated as of May 15, 2023 (the “Indenture”), am.
Neutral
Business Wire
1 year ago
CURO to Announce Fourth Quarter and Full Year 2023 Financial Results on Wednesday, February 7, 2024
CHICAGO--(BUSINESS WIRE)--CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), an omni-channel consumer finance company serving consumers in the U.S. and Canada, announced today that its fourth quarter and full year 2023 financial results will be released before market open on Wednesday, February 7, 2024. CURO will host a conference call to discuss its results at 8:00 a.m. Eastern Time on Wednesday, February 7. 2024. The live webcast of the call can be accessed at the CURO Investors website at http.
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