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 included Capital Markets partner Michael Hickey and 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 associate Dylan Lionberger; Private Funds partner David Wohl; and U.S. Privacy & Cybersecurity Head Olivia Greer and associates Catherine Kim and Taya Bokert.