Pillsbury advised Encore Capital Group, Inc. on an amendment to its third amended and restated credit agreement to provide for, among other things, an extension of the maturity date of its senior secured credit facilities from December 2021 to July 2023 in respect of (i) $989.3 million of its revolving credit facility including $243.2 million of increased revolving credit commitments and (ii) $180.7 million of its term loan facility including $24.8 million of increased term loans.

The Pillsbury team advising on the transaction was led by New York Finance partners Jon Whitney and Joseph Fastiggi and assisted by senior law clerk Danielle Unterschutz.