Weil advised LFS TopCo LLC, an indirect parent of Lendmark Financial Services, LLC, as the issuer in a Rule 144 offering of $400 million 8.750% senior notes due 2030. The proceeds will be used to fund a concurrent tender offer of its outstanding 5.875% Senior Notes due 2026, satisfy and discharge any remaining obligations under the 2026 Notes and the related indenture, and with any remaining net proceeds repay a portion of existing securitization facility indebtedness.

Lendmark Financial Services, LLC is a community-based consumer finance company that provides secured and unsecured installment loans direct to consumers in the US through a network of local branches and digital channels.

The Weil team was led by Capital Markets Co-Head Michael Hickey and included associates Stefan Tsourovakas, Patrick Motta, and Danny O’Hara. The Weil deal team also included Structured Finance Co-Head Frank Nocco, partner David Jackson, and associate Sebastian Luque Charry; Tax partner Greg Featherman and associate Dylan Lionberger; Private Funds partner David Wohl; and U.S. Privacy & Cybersecurity Head Olivia Greer and associates Catherine Kim and Taya Bokert.