Atlanticus Hldgs (ATLC) Announces Notes Offering

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Go back to Atlanticus Hldgs (ATLC) Announces Notes Offering

Atlanticus Announces Offering of Senior Notes

January 24, 2024 8:12 AM EST

ATLANTA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced it has commenced an underwritten registered public offering (the Offering) of Senior Notes due 2029 (the Notes). The Company expects to grant the underwriters a 30-day option to purchase additional Notes in connection with the Offering.

The Company expects to use the net proceeds of this Offering to redeem a... More