3
Shared Docs
3
Same-Page
3 / 3
Mentions
ation's largest privately held consumer finance company, generating over $2B in revenue in 2017 • Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: • OCC-regulated national bank, i
usively originates and services the portfolio, then sells it at par to a SPV under Sherrnan's ownership • The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners • Resurgent is a CFPB-regulated purchaser of distressed co
nation's largest privately held consumer finance company, generating over $2B in revenue in 2017 • Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: • OCC-regulated national bank, i
lusively originates and services the portfolio, then sells it at par to a SPV under Sherman's ownership • The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners • Resurgent is a CFPB-regulated purchaser of distressed con
e nation's largest privately held consumer finance company, generating over $2B in revenue in 2017 Major underlying companies are: Credit One Bank, Resurgent Capital Services, Kroll Bond Rating Agency, and a small Real Estate business (not included in this transaction): Credit One Bank: OCC-regulated national bank, iss
exclusively originates and services the portfolio, then sells it at par to a SPV under Sherman's ownership The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners Resurgent is a CFPB-regulated purchaser of distressed consu
Entities connected to both Resurgent Capital Services and Debt/Equity

Navarro
PERSONKroll
ORGANIZATIONthe Medical University of South Carolina
ORGANIZATIONResurgent Capital Partners
ORGANIZATIONBen Navarro
PERSONJules Kroll
PERSONNavarro Relationship Overview
ORGANIZATION
Charleston
LOCATIONJoanne
PERSONChemical Bank
ORGANIZATIONQuarter End
ORGANIZATION
Citicorp
ORGANIZATIONCredit One Bank
ORGANIZATION
Mohammed bin Salman
PERSONRadian
ORGANIZATIONResurgent Capital
ORGANIZATIONthe Baltimore Business Journal
ORGANIZATIONResurgent
ORGANIZATIONNationally Recognized Statistical Rating Organizations
ORGANIZATIONMitigants
PERSON