PROG Holdings Inc, founded in 2020 and headquartered in the United States, is a leading provider of retail-focused consumer finance solutions. The company specializes in offering flexible payment options through its innovative point-of-sale financing, enabling consumers to manage their purchases conveniently.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRG 6.00% 2029-11-15 USDPROG Holdings Inc | United States | 2029-11-15 | 6.000 | 6.52 |
| PRG 6.00% 2029-11-15 USDPROG Holdings Inc | United States | 2029-11-15 | 6.000 | 6.54 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, PROG Holdings has made a notable impact in the bond market, beginning its bond issuances in 2021 with a focus on supporting its financing operations. The company issued $300 million in senior secured notes in 2022, aimed at refinancing existing debt and funding growth initiatives, reflecting competitive yields around 5.25%, aligning favorably with industry standards. Recent developments include a bond upgrade in early 2023, attributed to improved operating metrics, enhancing investor confidence in its financial stability and growth trajectory.