Capital Markets

goeasy Ltd. in its closing of an offering of US$550 million senior unsecured notes

The Initial Purchasers
Key Contact
Michael Innes

Partner, Chair: Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Timothy Hughes

Partner, Tax, Toronto

James Chang

Associate, Tax, Toronto

 

On November 28, 2023, goeasy Ltd. closed an offering of US$550 million aggregate principal amount of 9.250% senior unsecured notes due 2028, made through a syndicate of initial purchasers. goeasy intends to use the proceeds from this offering to fund the redemption of all of its outstanding 5.375% senior unsecured notes due 2024.

goeasy Ltd. is a Canadian company, headquartered in Mississauga, Ontario, that provides non-prime leasing and lending services.

Osler, Hoskin & Harcourt LLP advised the initial purchasers with a team consisting of Michael Innes, Kevin Feng and Philip Abraham (Corporate), Timothy Hughes and James Chang (Tax).

Value
US$550 million
Date Closed
November 28, 2023
Lead Office
Toronto
Key Contact
Michael Innes

Partner, Chair: Corporate, Toronto

Team
Kevin Feng

Associate, Corporate, Toronto

Timothy Hughes

Partner, Tax, Toronto

James Chang

Associate, Tax, Toronto