ECN CAPITAL CORP 6% DEB ELN SNR 31/12/2025ECN CAPITAL CORP 6% DEB ELN SNR 31/12/2025ECN CAPITAL CORP 6% DEB ELN SNR 31/12/2025

ECN CAPITAL CORP 6% DEB ELN SNR 31/12/2025

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Key terms


Outstanding amount
‪86.25 M‬CAD
Face value
1,000.00CAD
Minimum denomination
1,000.00CAD
Coupon
6.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
11.90%
Maturity date
Dec 31, 2025
Term to maturity
1 year

About ECN CAPITAL CORP 6% DEB ELN SNR 31/12/2025


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Sep 4, 2020
FIGI
BBG00X4S2LR3
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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