ECN CAPITAL CORP 6.25 PCT DEBSECN CAPITAL CORP 6.25 PCT DEBSECN CAPITAL CORP 6.25 PCT DEBS

ECN CAPITAL CORP 6.25 PCT DEBS

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Key terms


Outstanding amount
‪60.00 M‬CAD
Face value
1,000.00CAD
Minimum denomination
1,000.00CAD
Coupon
6.25% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
19.57%
Maturity date
Dec 31, 2027
Term to maturity
3 years

About ECN CAPITAL CORP 6.25 PCT DEBS


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Dec 23, 2021
FIGI
BBG0147NNCP3
ECN Capital Corp. provides business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds. Its services are offered through three operating businesses: Service Finance, Triad Financial Services, and The Kessler Group. The Service Finance business offers installment loan solutions for qualified borrowers with favourable consumer interest rates and extended repayment terms. The Triad Financial Services business provides services in Manufactured Home lending. The Kessler Group business develops partnerships, optimize the value of credit card portfolios, fund risk-based marketing campaigns, and develop and execute marketing strategies. It manages, advises, and structures credit card and other consumer portfolios for credit card issuers, banks, credit unions, processors, and payment networks. The company was founded on July 22, 2016 and is headquartered in Toronto, CA.
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