Atlanticus Holdings Corp 6.125% Senior Notes Due 11/30/2026 (ATLCL)
NGM · · CUSIP 04914Y300
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Security Details

Coupon Rate
6.13%
Liquidation Preference
$25.00
Call Price
$25.00
Call / Redemption Date
11/30/2023
Maturity Date
11/30/2026
Distribution Period
Q
Rate Type
Fixed
Annual Distribution
1.53125
Distribution Dates
2/1, 5/1, 8/1 & 11/1
Credit Ratings
Moody's NF · S&P NF (6/15/2025)
Tax-Advantaged Dividends
No

Security Profile

Security Type
Exchange-Traded Debt Security »
CUSIP
04914Y300
Market Cap
Small Cap
IPO
11/24/2021 · $25/share
Parent Company
Atlanticus Holdings Corp (ATLC)
Business: Atlanticus Holdings Corp 6.125% Senior Notes Due 2026, issued in $25 denominations, redeemable at the issuer's option, after 11/30/2023 but prior to 11/30/2024 at $25.50 (102%) plus accrued and unpaid interest, after 11/30/2024 but prior to 11/30/2025 at $25.25 (101%) plus accrued and unpaid interest, after 11/30/2025 at $25.00 (100%) plus accrued and unpaid interest and maturing 11/30/2026. <p> Interest distributions of 6.125% per annum ($1.53125 per annum or $0.3828125 per quarter) will be paid quarterly on 2/1, 5/1, 8/1 & 11/1 to holders of record on the record date that will be (NOTE: the ex-dividend date is one business day prior to the record date). <p> Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. <p> The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below. This security was not rated by Moody’s or S&P at the time of its IPO. This security was rated as A by Egan Jones Ratings Co. at the date of its IPO. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Company Contact

CEO
Jeffrey A. Howard
CFO
William R. McCamey
Headquarters
Five Concourse Parkway, Suite 400, Atlanta, GA 30328
Phone
770-828-2000
Investor Relations
770-828-2000 · Investors@Atlanticus.com
General Email
CorpInfo@Atlanticus.com
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