Curo Group Gets Final OK For $70M In Ch. 11 Financing

By Rick Archer · April 19, 2024, 1:19 PM EDT

A Texas bankruptcy judge on Friday gave consumer lender Curo Group Holdings Corp. final permission to draw on $70 million in financing to pay its way through its Chapter 11 case....

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Bankruptcy Scorecard

Summary

Consumer lender Curo Group Holdings Corp. filed for Chapter 11 protection in Texas on March 25 with a plan of reorganization supported by a majority group of creditors, saying it crumbled under a $2.1 billion debt load with high interest rates.

Case Number

4:24-bk-90165

Judge

Marvin Isgur

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$2.1 billion

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Related Sections

Case Information

Case Title

CURO Group Holdings Corp.

Case Number

4:24-bk-90165

Court

Texas Southern

Nature of Suit

Date Filed

March 25, 2024

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