02:02 PM EDT, 04/01/2025 (MT Newswires) -- goeasy (GSY.TO) on Tuesday rose about 4% after the company closed its previously announced offering of US$400 million in senior unsecured notes due 2030.

The company also entered into a currency swap agreement to reduce the Canadian-dollar equivalent cost of borrowing on the notes to 6.03% per annum.

goeasy intends to use proceeds to partially repay indebtedness under its secured facilities and for general corporate purposes.

"This financing increases our total funding capacity to $2.2 billion to support our organic growth plans." said goeasy Chief Financial Officer Hal Khouri.

Shares of the company were last seen up $5.60 to $156.52 on the Toronto Stock Exchange.

Price: 156.77, Change: +5.85, Percent Change: +3.88