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ECN Capital Corp. 6% Debenture New Issue

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ECN Capital Corp.(ECN) is issuing $75M of Senior Unsecured 6.00% Debentures maturing Dec-31-2026.

The Debentures are redeemable before Dec-31-2024. From Dec-31-2024 to Dec-31-2025, redemption is at 103% of par, after Dec-31-2025 and prior maturity the redemption price is at par.

ECN Capital Corp.(ECN-TSX) provider of business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds. ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically unsecured loan portfolios, secured loan portfolios and credit card portfolios. Its Partners are seeking high quality assets to match with their deposits or other liabilities. These services are offered through three operating businesses: Service Finance, Triad Financial Services and The Kessler Group. Headquarters are in South Florida and Toronto.

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