RTTNews | Jul 13, 2021 12:59PM EDT

12:58 Tuesday, July 13, 2021 (RTTNews.com) - Kansas-based finserv company, Curo Group Holdings Corp. (CURO) is down 3% on Tuesday after the company announced issuing of $700 million worth senior notes that will be due in 2028.

The proceeds will be used to redeem the company's 8.250% senior notes that are due in 2015 and to pay fees and other expenses. The rest of the funds will be kept in hand.

The shares of the company are currently trading at $16.23, down $0.72 or 4.22% from its previous close at $16.94 on Monday. The shares opened at $16.70 in the morning and in the 52-week period, the shares have moved between $6.53 and $20.81.

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