debt
confidence high
sentiment neutral
materiality 0.50
Atlanticus closes over-allotment option for additional $15M of 6.125% Senior Notes due 2026
Atlanticus Holdings Corp
- Issued an additional 600,000 Notes with $15M aggregate principal, net proceeds ~$14.5M from the option.
- Total offering of 6.125% Senior Notes due 2026 now $150M, net proceeds ~$142.7M.
- Notes trade on Nasdaq under symbol ATLCL; B. Riley Securities led the underwriters.
- Proceeds for general corporate purposes; offering made under effective shelf registration.