Cabot launches refi after combo with parent

By Owen Sanderson
10 Sep 2020

Cabot Credit Management has launched a €300m refinancing following the reorganisation of its corporate structure to combine its balance sheet with its parent Encore Capital and boost the group’s financial firepower.

“We are now pursuing a joint financing strategy to combine the two balance sheets, which we believe will result in an enhanced credit profile for both existing and prospective Encore and Cabot lenders and investors,” said the company in a presentation to investors.

The combination makes the group ...

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