Encore Capital Group, Inc. issued a redemption notice on July 22, 2026, calling for the redemption of all $230.0 million aggregate principal amount of its 4.00% Convertible Senior Notes due 2029. The redemption date is set for September 24, 2026, at a price equal to 100% of the principal amount plus accrued and unpaid interest. The company expects that holders of the Notes will convert the Notes into common stock before the redemption date, with an increased conversion rate of 16.2056 shares per $1,000 principal amount during the Make-Whole Conversion Period. Encore Capital Group is an international specialty finance company providing debt recovery solutions and related services.
