FCFS funds H&T with revolver; terminates May 14, 2025 bridge credit

Rhea-AI Filing Summary

FirstCash Holdings, Inc. (FCFS) disclosed that it funded its acquisition of H&T by drawing on its existing U.S. revolving credit facility rather than relying on the previously arranged bridge financing. In connection with that funding, the company terminated the Bridge Term Loan Credit Agreement that had been entered into on May 14, 2025 as a backstop for the H&T financing and to satisfy certain U.K. "fund certain" requirements.

The filing notes that the information in this Item 7.01 and Exhibit 99.1 is not being "filed" for purposes of Section 18 of the Exchange Act and will not be incorporated by reference into other Securities Act filings except by express reference. The company also references compliance choices under Section 13(a) of the Exchange Act related to transition periods for accounting standards.

Positive

• Acquisition fully funded via the company's existing U.S. revolving credit facility, enabling completion of the H&T purchase
• The Bridge Term Loan Credit Agreement (May 14, 2025) was terminated, simplifying the financing structure and removing the backstop instrument

Negative

• The company borrowed under its revolver to fund the deal, implying higher short-term leverage from the disclosed transaction
• Filing language states the Item 7.01 information is not "filed" under Section 18, which may limit incorporation of these details into other Securities Act filings

Insights

Corporate Finance Analyst

TL;DR: FirstCash used its U.S. revolver to close the H&T deal and cancelled the May 14, 2025 bridge credit backstop.

The company drew on its existing U.S. revolving credit facility to fund the H&T acquisition, replacing the previously arranged bridge facility. This is a financing-choice update rather than a change to the acquisition terms disclosed.

Terminating the Bridge Term Loan Credit Agreement dated May 14, 2025 removes the separate backstop instrument that had been held to satisfy certain U.K. "fund certain" rules; the filing clarifies the funding source and legal treatment of the disclosure under the Exchange Act.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 14, 2025

FIRSTCASH HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware			001-10960			87-3920732
(State or other jurisdiction of incorporation)			(Commission File Number)			(IRS Employer Identification No.)

1600 West 7th Street, Fort Worth, Texas 76102

(Address of principal executive offices, including zip code)

(817) 335-1100

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, par value $.01 per share			FCFS			The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Exchange Act of 1934.    ☐

Item 7.01. Regulation FD Disclosure

On August 14, 2025, the Company issued a press release announcing the completion of the acquisition of H&T Group plc (“H&T”). A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

The Company funded the acquisition through borrowings under its existing U.S. revolving credit facility. In connection with such funding, the Company terminated that certain Bridge Term Loan Credit Agreement, which was entered into on May 14, 2025 to provide a backstop for the financing of the H&T acquisition and to satisfy certain “fund certain” requirements under United Kingdom law.

The information provided in this Item 7.01 (including Exhibit 99.1) shall not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing made by the Company pursuant to the Securities Act of 1933, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

Item 9.01 Financial Statements and Exhibits.

			(d) Exhibits:
						99.1			Press release, dated August 14, 2025, announcing the closing of the acquisition of H&T
						104			Cover Page Interactive Data File (embedded within the Inline XBRL document contained in Exhibit 101)

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: August 14, 2025			FIRSTCASH HOLDINGS, INC.
			(Registrant)
			/s/ R. DOUGLAS ORR
			R. Douglas Orr
			Executive Vice President and Chief Financial Officer
			(As Principal Financial Officer and Principal Accounting Officer)

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FAQ

How did FirstCash (FCFS) fund the H&T acquisition?

FirstCash funded the acquisition through borrowings under its existing U.S. revolving credit facility, according to the filing.

Was there a bridge loan involved in the FirstCash H&T deal?

Yes. The company terminated the Bridge Term Loan Credit Agreement that had been entered into on May 14, 2025, which had served as a backstop.

Does the 8-K incorporate the Item 7.01 information into other filings?

No. The filing states the Item 7.01 information (including Exhibit 99.1) is not being "filed" under Section 18 and will not be incorporated by reference except by express reference.

Why was the bridge facility originally put in place?

The bridge facility was arranged as a backstop to finance the H&T acquisition and to satisfy certain U.K. "fund certain" legal requirements, per the filing.

Does the filing mention Section 13(a) transition-period election?

The filing includes a checkbox reference about the company's election regarding extended transition periods under Section 13(a), but provides no further detail on that election in the provided text.