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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ATLC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ATLC alerts
High impacting Atlanticus Holdings Corporation news events
Weekly update
A roundup of the hottest topics
ATLC
News
- Atlanticus Holdings Co. (NASDAQ: ATLC) had its price target raised by analysts at JMP Securities from $54.00 to $75.00. They now have a "market outperform" rating on the stock.MarketBeat
- Atlanticus Holdings Co. (NASDAQ: ATLC) had its price target raised by analysts at B. Riley from $50.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
- US Value Stocks Trading Below Estimated Worth In November 2024 [Yahoo! Finance]Yahoo! Finance
- Atlanticus Holdings Co. (NASDAQ: ATLC) had its price target raised by analysts at JMP Securities from $45.00 to $54.00. They now have a "market outperform" rating on the stock.MarketBeat
- Should Value Investors Buy Atlanticus (ATLC) Stock? [Yahoo! Finance]Yahoo! Finance
ATLC
Earnings
- 8/8/24 - Beat
ATLC
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/20/24 - Form 424B5
- 12/17/24 - Form 4
- ATLC's page on the SEC website