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ATLCL

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Atlanticus Holdings Corporation 6.125% Senior Notes Due 2026

24.2525
+0.2325 (+0.97%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 24.02
Day's Range: 24.161 - 24.3901
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When Written:
 
23.03
Atlanticus Holdings Corporation is a publicly traded financial services company that specializes in providing credit and related financial services to consumers who are underserved by traditional lending institutions. The company operates through its subsidiaries, including Fortiva Retail Credit, which provides consumer financing solutions for a range of products and services, and Atlanticus Services Corporation, which offers debt collection and recovery services.

In 2019, Atlanticus Holdings Corporation issued $230 million in 6.125% Senior Notes due 2026. These notes are unsecured and rank equally with the company's other unsecured and unsubordinated indebtedness. The notes are listed on the NASDAQ Global Select Market under the ticker symbol "ATLCM."

The proceeds from the issuance of these notes were used to repay outstanding debt and for general corporate purposes. The notes are callable at any time at the company's option, subject to certain conditions, and mature on June 15, 2026. Interest on the notes is payable semi-annually in arrears on June 15 and December 15 of each year.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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