Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

ATLANTICUS HOLDINGS CORPORATION ANNOUNCES REPURCHASE OF $54 MILLION IN CONVERTIBLE SENIOR NOTES IN EXCHANGE FOR CASH AND TERM NOTE

Atlanticus Holdings Corporation (ATLC) 
US:NASDAQ Investor Relations: atlanticus.com/about
Company Research Source: GlobeNewswire
ATLANTA, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (“Atlanticus”, “we”, “our” or “us”), a technology-enabled consumer finance company, announced the repurchase of $54.4 million in face amount of its outstanding 5.875% convertible senior notes due November 2035 (the “convertible senior notes”) on August 26, 2019.  As consideration, Atlanticus paid approximately $16.3 million in cash (including accrued interest) and issued a $17.4 million term note, which bears interest at a fixed rate of 8.0% and is due in August 2024.  The repurchase of the convertible senior notes will result in a gain to Atlanticus of approximately $5.1 million (net of the convertible senior notes’ applicable share of deferred costs, which were written off in connection with the repurchase). After the repurchase, $34.3 million of convertible senior notes remain outstanding. About Atlanticus Holdings CorporationFounded in 1996, our businesses, including the Fortiva® a Show less Read more
Impact Snapshot
Event Time:
ATLC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
ATLC alerts

from News Quantified
Opt-in for
ATLC alerts

from News Quantified