MISSISSAUGA, ON, Feb. 20, 2024 /CNW/ - goeasy Ltd. (TSX: GSY) ("goeasy" or the "Company"), one of Canada's leading non-prime consumer lenders, is pleased to announce that it priced US$400 million aggregate principal amount of 7.625% senior unsecured notes due 2029 (the "Notes"). The Notes will be guaranteed on a senior unsecured basis by certain of goeasy's current and future subsidiaries. The Company is also expected to enter into a currency swap agreement (the "Currency Swap") to fix the foreign currency exchange rate for the proceeds from the offering, which it expects will reduce the effective cost of borrowing of the Notes when converted into Canadian currency.