The high-yield notes are due 2028

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by Enova International, Inc. of $400 million aggregate principal amount of 11.25% senior notes due 2028. The notes are guaranteed by certain of Enova’s subsidiaries.

Enova (NYSE: ENVA) is a leading technology and analytics company focused on providing online financial services. Enova offers installments loans and line of credit accounts to consumers and small businesses.

The Davis Polk capital markets team included partner Maurice Blanco, counsel Jeffrey S. Ramsay and associate Sean Kennelly. Partner Eric McLaughlin and associates Tyler X. Senackerib and Billy Hicks provided regulatory advice. Partner Michael Mollerus and associate Ben Silver provided tax advice. Partner Matthew J. Bacal and associate Lachlan J. Forrester provided intellectual property advice. Members of the Davis Polk team are based in the New York and Washington DC offices.