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RCII - Rent-A-Center to raise $450M in senior unsecured notes offering
Rent-A-Center Inc.
Rent-A-Center's (RCII) wholly-owned subsidiary, Radiant Funding, plans to offer $450M in principal amount of senior unsecured notes due 2029 in a private offering.Proceeds along with other company borrowings and new term loan facility to be used for financing the consideration required to effect its merger with Acima Holdings.Shares trading 0.92% down premarket