FirstCash Inc., founded in 1988 and headquartered in Fort Worth, Texas, operates as a leading provider of retail check cashing, pawn, and related services across the United States and Latin America. The company specializes in offering financial solutions to underserved consumers, providing services that include pawn operations, retail merchandise sales, and various financial products aimed at addressing customer needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FCFS 4.63% 2028-09-01 USDFirstCash Inc | United States | 2028-09-01 | 4.625 | 5.13 |
| FCFS 4.63% 2028-09-01 USDFirstCash Inc | United States | 2028-09-01 | 4.625 | 5.10 |
| FCFS 4.63% 2028-09-01 USDFirstCash Inc | United States | 2028-09-01 | 4.625 | 4.94 |
| FCFS 5.63% 2030-01-01 USDFirstCash Inc | United States | 2030-01-01 | 5.625 | 5.55 |
| FCFS 5.63% 2030-01-01 USDFirstCash Inc | United States | 2030-01-01 | 5.625 | 5.53 |
| FCFS 5.63% 2030-01-01 USDFirstCash Inc | United States | 2030-01-01 | 5.625 | 5.55 |
| FCFS 6.88% 2032-03-01 USDFirstCash Inc | United States | 2032-03-01 | 6.875 | 6.05 |
| FCFS 6.88% 2032-03-01 USDFirstCash Inc | United States | 2032-03-01 | 6.875 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
FirstCash has been active in the bond market, commencing its bond issuance in 2014, with notable issuances such as a $400 million senior secured note in 2021, which helped fund acquisitions and strategic initiatives. As of October 2023, the company's bonds yield approximately 5.5%, compared to an industry average of 6%, reflecting its strong credit profile. FirstCash’s bonds include features such as call provisions and a stable investment-grade rating, making them attractive to investors. The issuer has remained committed to maintaining a solid capital structure, which was highlighted by its successful refinancing efforts in 2022 amidst rising interest rates.