Core Viewpoint - Atlanticus Holdings Corporation announced an offering of $400 million in Senior Notes due 2030, aimed at refinancing existing debt and supporting corporate growth initiatives [1][2]. Group 1: Offering Details - The company plans to issue $400 million in Senior Notes, which will be guaranteed by certain domestic subsidiaries [1]. - The net proceeds from the offering will be used to repay amounts under recourse warehouse facilities, fund future acquisitions, and pay fees related to the offering [2]. Group 2: Regulatory Compliance - The Notes are being offered to "qualified institutional buyers" under Rule 144A and to certain non-U.S. persons outside the United States in accordance with Regulation S [3]. - The Notes have not been registered under the Securities Act and cannot be sold in the U.S. without registration or an exemption [3]. Group 3: Company Overview - Atlanticus Holdings Corporation focuses on providing inclusive financial services through proprietary analytics, having serviced over 20 million customers and originated over $44 billion in consumer loans [5]. - The company offers a range of consumer loan products, including retail and healthcare private label credit and general-purpose credit cards, through various marketing channels [5].
Atlanticus Holdings Corporation Announces Offering of Senior Notes