Atlanticus Holdings Expands Senior Notes, Reveals Preliminary Results
Company Announcements

Atlanticus Holdings Expands Senior Notes, Reveals Preliminary Results

Atlanticus Holdings (ATLC) has provided an announcement.

Atlanticus Holdings Corporation has announced an add-on offering of its 9.25% Senior Notes due 2029, supplementing the $57,250,000 of notes previously sold earlier in the year. The additional notes will be identical to the existing ones, except for specific details such as the issue date. Preliminary financials for the quarter ending June 30, 2024, reveal approximately $351 million in unrestricted cash, $2,415 million in gross loan balance, and net income for common shareholders estimated between $17-18 million. However, these figures are tentative estimates and not definitive results. Investors are cautioned about forward-looking statements and the risks that could affect the actual financial outcomes.

See more insights into ATLC stock on TipRanks’ Stock Analysis page.

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