CompuCredit holders put back $83.49 million of 3.625% convertibles

By Ashley Montgomery

Kansas City, Kan., May 31 - CompuCredit Holdings Corp. said the holders of its 3.625% convertible senior notes due 2025 tendered $83,493,000 of the notes by the put option deadline, 5 p.m. ET Wednesday.

The surrendered notes were repurchased at par plus accrued interest to the repurchase date.

The company said $450,000 of the notes remain outstanding.

CompuCredit is an Atlanta-based specialty finance company and marketer of branded credit cards and related financial services.

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