Goeasy’s $320 Million High?Yield Senior Notes Offering

Goeasy’s $320 Million High?Yield Senior Notes Offering

Cravath represented the initial purchasers in the offering.

goeasy Ltd executed its $320 million 144A/Reg. S high-yield senior notes offering.

Proceeds of the offering were used to finance the acquisition of LendCare, one of Canada’s leading point-of-sale consumer financing providers. The transaction closed on April 29, 2021.

goeasy Ltd. is a leading full-service provider of goods and alternative financial services.

The Cravath team advising the initial purchasers led by BMO Capital Markets included partners William V. Fogg (Picture) and Michael E. Mariani and associates Alexander E. Greenberg and Parth S. Baxi on capital markets matters, and partner Christopher K. Fargo and associates Peter W. Rogers and Rebecca L. Fine on tax matters.

Involved fees earner: Parth Baxi – Cravath Swaine & Moore; Christopher K. Fargo – Cravath Swaine & Moore; Rebecca Fine – Cravath Swaine & Moore; William Fogg – Cravath Swaine & Moore; Alexander Greenberg – Cravath Swaine & Moore; Michael Mariani – Cravath Swaine & Moore; Peter Rogers – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: BMO Capital Markets;

Author: Sonia Carcano