Atlanticus Holdings (ATLC) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.