Atlanticus Holdings Corp, founded in 1996 and headquartered in Atlanta, Georgia, operates as a financial services company, focusing on providing credit options for underserved consumers. The company specializes in offering retail installment loans, credit cards, and other financial products tailored to meet the needs of its target demographic.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ATLC 9.75% 2030-09-01 USDAtlanticus Holdings Corp | United States | 2030-09-01 | 9.750 | 11.08 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Atlanticus has been an active participant in the bond market since the early 2000s, with notable issuances that have been crucial for funding its expansion and operational strategies. One significant issuance occurred in 2018, when the company raised $150 million in senior secured notes to bolster its inventory of consumer receivables. Currently, Atlanticus bonds yield around 7% which is competitive compared to the industry average, reflecting investor confidence in the company's management and growth prospects. In recent news, the company announced plans to explore additional securitization options to further enhance its capital strategy.