Atlanticus Announces Offering of Senior Notes

Core Viewpoint - Atlanticus Holdings Corporation has initiated an underwritten registered public offering of Senior Notes due 2029, aiming to enhance its financial position and support corporate purposes [1][4]. Group 1: Offering Details - The offering includes a 30-day option for underwriters to purchase additional Notes [1]. - The Company plans to list the Notes on the Nasdaq Global Select Market under the symbol "ATLCZ," with trading expected to start within 30 business days after issuance [2]. - The net proceeds from the offering will be used to redeem a portion of Class B preferred units and for general corporate purposes [1]. Group 2: Rating Information - The Notes have received an "A" rating from Egan-Jones Ratings Company, indicating a favorable assessment of the offering [3]. Group 3: Company Background - Atlanticus Holdings Corporation specializes in providing inclusive financial services through proprietary analytics, having serviced over 18 million customers and facilitated $38 billion in consumer loans over its 25-year history [6]. - The Company partners with banks, retailers, and healthcare providers to offer various consumer loan products, including private label credit and general-purpose credit cards [6].