FirstCash Holdings, Inc. Announces Commencement of Offering of Senior Notes
FirstCash Holdings, Inc. revealed on February 15, 2024, that its subsidiary, FirstCash, Inc. has started a private placement offering of $500,000,000 in senior notes due 2032. These notes will be unsecured senior obligations of the Issuer and guaranteed by FirstCash and its domestic subsidiaries.
Despite a decrease in income per employee in the fourth quarter of 2023, with numbers falling to $10,965 on a trailing twelve month basis (below the company’s average of $6,512), FirstCash Holdings Inc. has still managed to excel in the Specialty Retail industry, achieving the highest income per employee. However, the overall ranking of FirstCash Holdings Inc. deteriorated compared to the third quarter of 2023.
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