debt
confidence high
sentiment neutral
materiality 0.40
Atlanticus closes option on $7.25M additional 9.25% Senior Notes due 2029
Atlanticus Holdings Corp
- Closed underwriters' option, issued additional $7.25M aggregate principal of 9.25% Senior Notes due 2029.
- Additional net proceeds of approx $7.0M after underwriting discounts but before expenses.
- Total offering size $57.25M with net proceeds to company of $54.1M.
- Notes trade on Nasdaq under symbol ATLCZ; B. Riley Securities acted as lead book-runner.