Atlanticus Has Priced Its Underwritten Registered Public Add-on Offering Of $55M Of Its 9.25% Senior Notes Due 2029 At A Public Offering Price Of $24.70 Per Additional Note
Portfolio Pulse from Benzinga Newsdesk
Atlanticus has priced its underwritten registered public add-on offering of $55 million of its 9.25% senior notes due 2029 at a public offering price of $24.70 per additional note.
July 25, 2024 | 10:08 am
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Atlanticus has announced the pricing of its $55 million add-on offering of 9.25% senior notes due 2029 at $24.70 per note. This move is likely to impact the company's debt structure and investor sentiment.
The successful pricing of the senior notes indicates strong investor demand and confidence in Atlanticus' financial stability. This could positively impact the company's stock price in the short term as it strengthens its capital structure.
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