Bose George

David Scharf

John Hecht

Mark Hughes

Robert Dodd

David Schaff

John Heck

- Jefferson Capital, Inc.'s wholly-owned subsidiary, Jefferson Capital Systems, LLC, entered into an Asset Purchase Agreement on **October 24, 2025**, to acquire certain assets related to Bluestem's credit card business for a gross purchase price of **$302.8 million**.  **[2046042_0001104659-25-103361_tm2529672d1_8k.htm:1]** 
- The acquired assets include a revolving credit card receivables portfolio with an aggregate face value of approximately **$488.2 million** as of June 30, 2025, and the transaction is expected to close in the **fourth quarter of 2025**.  **[2046042_0001104659-25-103361_tm2529672d1_8k.htm:1]** 
- On **October 27, 2025**, Jefferson Capital amended its Credit Agreement, increasing the Aggregate Commitments by **$175,000,000** to an aggregate amount of **$1,000,000,000**.  **[2046042_0001104659-25-103361_tm2529672d1_8k.htm:1]** **[2046042_0001104659-25-103361_tm2529672d1_8k.htm:2]** 
- The amendment also reduced interest rate margins by **50 basis points** and extended the maturity of the credit facility to **October 27, 2030**.  **[2046042_0001104659-25-103361_tm2529672d1_8k.htm:2]**

Jefferson Capital, Inc. / DE (JCAP)