Realization

• EZCORP’s dos.125% Modifiable bonds try producing almost 8%, much more than simply securities with the same borrowing from the bank high quality and in the place of an enthusiastic inserted equity choice.
• Pay check lending surgery are probably doomed but commonly needed to service ties.
• Bookkeeping facts is actually restricted to help you a north american country part that has obligations that’s non-recourse into parent.
• This new core pawn store organization is fit and provides sufficient borrowing from the bank support for the a standalone basis. Higher gold prices can lead to higher increases for the scrapping payouts.
• EZCORP’s dollars and you may assets by yourself you’ll pay-off all the ties, if necessary.