Atlanticus Holdings Boosts Portfolio with Senior Notes Sale
Company Announcements

Atlanticus Holdings Boosts Portfolio with Senior Notes Sale

Atlanticus Holdings (ATLC) has released an update.

Atlanticus Holdings Corporation successfully expanded its financial portfolio by selling an additional $7.25 million of its 9.25% Senior Notes due in 2029, following the underwriters’ exercise of their purchase option. This move, part of a larger $50 million note sale under the same terms, netted the company approximately $54.1 million after fees and expenses. The sale’s legality was confirmed in a legal opinion, and the company publicized the transaction’s completion through a press release.

For further insights into ATLC stock, check out TipRanks’ Stock Analysis page.

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