Mr. Jason Mullins reports

GOEASY LTD. ANNOUNCES PROPOSED OFFERING OF US$350 MILLION AND C$150 MILLION OF SENIOR UNSECURED NOTES

goeasy Ltd. plans to offer, subject to market and other conditions, $350-million (U.S.) aggregate principal amount of senior unsecured notes and $150-million aggregate principal amount of senior unsecured notes.

The actual terms of the notes, including interest rate, will depend on market conditions at the time of pricing. Concurrently with the offering, goeasy expects to enter into a currency swap agreement to fix the foreign currency exchange rate for the proceeds from the offering of the U.S.-dollar notes.

goeasy intends to use the net proceeds from the sale of the notes to finance a cash tender offer to purchase any and all of its outstanding 4.375 per cent senior unsecured notes due 2026, partially repay indebtedness under its secured facilities and for general corporate purposes. The completion of the offering of the notes is not contingent upon the consummation of the tender offer. This press release shall not constitute an offer to purchase any 2026 notes.

The notes are expected to be guaranteed on a senior unsecured basis by certain of goeasy's current and future subsidiaries.

About goeasy Ltd.

goeasy is a Canadian company, headquartered in Mississauga, Ont., that provides non-prime leasing and lending services through its easyhome, easyfinancial and LendCare brands. Supported by over 2,500 employees, the company offers a wide variety of financial products and services, including unsecured and secured instalment loans, merchant financing through a variety of verticals, and lease-to-own merchandise. Customers can transact seamlessly through an omnichannel model that includes on-line and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, power sports, automotive, home improvement and health care verticals, through over 10,300 merchant partners across Canada. Throughout the company's history, it has acquired and organically served over 1.4 million Canadians and originated over $14.3-billion in loans.

goeasy's common shares are listed on the Toronto Stock Exchange under the trading symbol GSY.

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