Recent Updates — JCAP
Jefferson Capital Holdings, LLC issued $100 million in aggregate principal amount of 8.250% Senior Notes due May 15, 2030 under a supplemental indenture dated August 20, 2026. The notes are guaranteed by JCAP Funding Intermediate LLC, Canaccede U.S. Holdings LLC, and CFG Canada Funding Intermediate, LLC. Interest accrues at 8.250% per annum, payable semiannually on May 15 and November 15, commencing November 15, 2026. The issuer intends to use net proceeds to repay borrowings under its Revolving Credit Facility and for general corporate purposes. Redemption is permitted at specified prices after May 15, 2027, or earlier with a make-whole premium or up to 40% via equity offering proceeds prior to that date. Jefferson Capital, Inc. operates in the alternative asset management industry, specializing in private credit and direct lending.
Jefferson Capital, Inc. announced the pricing and launch of a $100 million private offering of 8.250% senior notes due 2030 by its subsidiary, Jefferson Capital Holdings, LLC. These 'Add-On Notes' are issued under an existing indenture that previously facilitated a $500 million issuance in May 2025. The net proceeds will primarily repay outstanding borrowings on the company's revolving credit facility, with any remainder allocated to general corporate purposes. The offering is expected to close on August 20, 2026. Jefferson Capital operates in the financial services industry, specifically providing capital and advisory solutions to middle-market companies.
Jefferson Capital, Inc. reported second quarter 2026 financial results for the period ended June 30, 2026. The company generated $300.9 million in collections and deployed $152.2 million into new receivable portfolios. Pre-tax income was $53.3 million with net income of $41.3 million, yielding earnings per share of $0.67. Adjusted pre-tax income reached $59.3 million. The Board declared a quarterly cash dividend of $0.24 per share, payable on September 3, 2026 to shareholders of record as of August 24, 2026. Additionally, the company deposited $300 million with its bond trustee for the repayment of notes due in mid-August. Jefferson Capital operates in the alternative asset management industry, specifically purchasing and managing charged-off consumer accounts.
Jefferson Capital, Inc. held its Annual Meeting of Stockholders on June 5, 2026, where stockholders elected three Class I directors (David Burton, Thomas Harding, and Thomas Lydon, Jr.) and ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2026.