09:58 AM EDT, 08/12/2025 (MT Newswires) -- goeasy (GSY.TO), on Tuesday said it plans to offer US$400 million and C$100 million offerings of senior unsecured notes. The CAD notes will have substantially identical terms as, and will be treated as a single series with goeasy's 6% senior unsecured notes due 2030 that were issued last November.

The actual terms of the USD notes, including interest rate, will depend on market conditions at the time of pricing. goeasy also expects to enter into a currency swap agreement to fix the foreign currency exchange rate for the proceeds from USD notes offering.

Proceeds from the sale of the notes will be used to pay down debt.

The company's shares are up $1.40, to $208, on the Toronto Stock Exchange.

Price: 207.58, Change: +0.98, Percent Change: +0.47