Upbound Group, Inc. 6.375% 15-FEB-2029Upbound Group, Inc. 6.375% 15-FEB-2029Upbound Group, Inc. 6.375% 15-FEB-2029

Upbound Group, Inc. 6.375% 15-FEB-2029

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RCII5162428 analysis



Key facts


Issue date
Feb 17, 2021
Maturity date
Feb 15, 2029
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.38% (Fixed)
Yield to maturity
7.46%
Upbound Group, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements. It operates through the following segments: Rent-A-Center Business, Preferred Lease, Mexico, and Franchising. The Rent-A-Center Business segment consists of company-owned rent-to-own stores in the United States and Puerto Rico. The Preferred Lease segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment sells rental merchandise to its franchisees. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.
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