
World Acceptance Corporation, founded in 1962 and headquartered in Greenville, South Carolina, specializes in providing small-dollar, short-term loans and related financial services to consumers. The company primarily focuses on personal loan products intended to support individuals in need of quick financial assistance.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WRLD 7.00% 2026-11-01 USDWorld Acceptance Corp. | United States | 2026-11-01 | 7.000 | 6.45 |
WRLD 7.00% 2026-11-01 USDWorld Acceptance Corp. | United States | 2026-11-01 | 7.000 | 6.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
World Acceptance Corporation began issuing bonds in the early 2000s as part of its financing strategy for business growth and expansion. Notably, in 2018, the company issued $150 million in senior unsecured notes, which were well-received in the market and provided a yield of 5.25%, competitive against industry averages. With its bonds often featuring flexible terms, World Acceptance has positioned itself as an attractive option for retail investors seeking exposure to consumer finance debt instruments, amidst growing demand for alternative credit solutions.