Dolla Financial Services has announced the launch of a $1 billion bond offer, aimed at supporting its continued growth and expansion across the region.
The offer is divided into two tranches, a three-year note valued at $500 million with an 11% annual interest rate and an optional five-year note carrying a 12% annual rate.
The company has also reserved the right to upsize the invitation by an additional $500 million, which could bring the total value of the offer to $1.5 billion.
Interest on the bonds will be paid quarterly with the first payment due on December 30, 2025.
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