Press Releases

Encore President & CEO Ashish Masih Named CEO Of The Year By San Diego Business Journal
Tuesday, July 12, 2022

SAN DIEGO, July 12, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been named a CEO of the Year by the San Diego Business Journal in its large public company category. Masih was selected on the strength of Encore’s…

Andrew Asch Appointed General Counsel At Encore Capital Group
Thursday, June 23, 2022

SAN DIEGO, June 23, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Andrew Asch will be promoted to the role of Senior Vice President, General Counsel effective August 15, 2022. Asch has been with the company since 2010 and currently serves as Senior Vice President, General…

Encore Capital Group Announces First Quarter 2022 Financial Results
Wednesday, May 4, 2022

SAN DIEGO, May 04, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2022.

Encore Announces Findings of Economic Freedom Study
Wednesday, December 1, 2021

Survey of 2,600 Adults in the U.S. and U.K. Probes Perspectives on Personal Finance and the Economy, Impacts of COVID-19 and What it Means to Achieve Economic Freedom   SAN DIEGO, December 1, 2021 — Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, today announced the findings of its first Economic Freedom Study. The…

Encore Capital Group, Inc. Amends and Extends its Global Senior Facility
Wednesday, August 11, 2021

SAN DIEGO, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it had amended and restated its existing global senior secured revolving credit facility agreement to, among other things, reduce the LIBOR and EURIBOR floors from 0.75% to 0.00% and extend the termination date of…

Encore Capital Group Announces Second Quarter 2021 Financial Results
Wednesday, August 4, 2021

Record collections of $612 million  GAAP net income of $97 million  GAAP EPS of $3.07  Leverage of 1.9x, down from 2.4x a year ago Share repurchases of $27M in Q2 2021 SAN DIEGO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for…

Steve Carmichael Appointed Chief Risk and Compliance Officer at Encore Capital Group
Monday, July 19, 2021

SAN DIEGO, July 19, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Steve Carmichael has been appointed to the role of Senior Vice President, Chief Risk and Compliance Officer. He will report to Encore’s President and CEO, Ashish Masih, serve on the company’s Executive Leadership Team,…

Encore Capital Group to Announce Second Quarter 2021 Financial Results on August 4
Monday, July 19, 2021

SAN DIEGO, July 19, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2021 on Wednesday, August 4, 2021, after the market closes. The Company will also host a conference call and slide presentation the same day at…

Encore Capital Group Completes Offering of Senior Secured Notes
Tuesday, June 1, 2021

SAN DIEGO, June 01, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of £250 million aggregate principal amount of 4.25% senior secured notes due 2028. Encore used the proceeds from the offering to redeem in full the outstanding £226.2 million 7.50%…

Encore Capital Group, Inc. Announces Pricing of Senior Secured Notes Offering
Tuesday, May 18, 2021

SAN DIEGO, May 18, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of £250.0 million aggregate principal amount of 4.250% senior secured notes due 2028 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,…