Rent-A-Center Announces Intention to Offer $300 Million in Senior Unsecured Notes
PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (the “Company”) (NASDAQ/NGS: RCII) today announced that it intends to make a private offering of $300 million in principal amount of senior unsecured notes due 2020. The Company intends to use $200 million of the net proceeds from the offering to repay term loans under the Company’s existing senior secured credit facilities and the remaining net proceeds to repurchase shares of the Company’s common stock. The Company will make the offering pursu
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