Jefferson Capital Announces Amendment and Upsize of Senior Secured Revolving Credit Facility
Minneapolis, Minnesota, December 18, 2024
Jefferson Capital Holdings, LLC (“Jefferson Capital”), a leading purchaser and manager of charged-off, performing and insolvency consumer accounts, announced today that it had recently amended and upsized its senior secured revolving credit facility (the “RCF”). Most notably, the amendment includes:
- An increase in aggregate commitments under the RCF from $750 million to $825 million;
- An allocation of $50 million of the increase to the U.S. dollar subfacility and $25 million to the Canadian dollar subfacility; and
- The addition of one new Joint Lead Arranger
The increase was executed under the accordion feature of the RCF and did not entail changes to any other terms.
“This upsize of our RCF helps us maintain the momentum of our business following continued record deployments this past year,” commented David Burton, Chief Executive Officer. “We very much appreciate the continued support and partnership of our lenders, many of whom have been in our bank group for longer than ten years. We remain well positioned to partner with our clients on new opportunities,” said Burton.
About Jefferson Capital Holdings, LLC
Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America. It purchases and services both secured and unsecured assets, and its growing client base includes Fortune 500 creditors, banks, fintech origination platforms, telecommunications and utilities providers, credit card issuers and auto finance companies. Jefferson Capital is headquartered in Minneapolis, Minnesota with additional offices and operations located in Sartell, Minnesota; Denver, Colorado; and San Antonio, Texas (United States); Basingstoke, England; London, England; and Paisley, Scotland (United Kingdom); London, Ontario and Toronto, Ontario (Canada); as well as Bogota (Colombia).
For more information about Jefferson Capital and its services, please contact our Business Development Team. In the United States Penny Campbell (320) 333-0318, Bob Maisel (320) 229-8514, Connie Thomas (702) 336-7774, or Juan Carlos Rodriguez (787) 378-9404. In the United Kingdom Peter Copperwheat 01256 306700/07786 910910. In Canada Mark Daprato (416) 520-5944 or Michael Chiu (647) 725-6195. In Latin America Juan Felipe Duque 57 3183591879. Visit our websites, www.jcap.com (U.S.); www.carsuk.org (U.K.); and www.canaccede.com (Canada).