05/18/2021 Encore Capital Group Inc (ECPG) GBP250m 144A/Reg S sr sec notes due 06/01/28 (7y). NC3 (MWC G+50bp), the nat 102.125, 101.063, 100. Equity claw: 3y 40% at 104.25. Ba3/NR/BB+ (positive/--/stable). Via MS (B&D)/CS/HSBC/DNB/FITB/ING/MUFG/TSI jt glocos/BoA/Citizens jt books. No reg rights. List Lux. NY law. Settls 06/01 (T+9). Reg S ISIN: XS2346127272. Px talk: 4.50% area (+/- 0.125%). Final px talk: 4.375% area (+/- 0.125%). Priced: 4.25% at 100. + 362bp vs UkT 0.125% 01/31/28. Small group meeting started 05/17. Books closed at 2:30pm UKT (originally closing 2pm UKT) 05/18. UOP: redeem Cabot Financial (Luxembourg) SA GBP226.2m 7.50% sr sec notes due 10/01/23 at 101.875. Biz: an international specialty finance company providing debt recovery solutions and other related services for customers across a broad range of financial assets in the US and UK. HQ: San Diego, CA.