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Atlanticus to get new loan to buy back up to $100 million convertibles
By Angela McDaniels
Tacoma, Wash., June 23 – Atlanticus Holdings Corp. will use a new senior secured loan to fund a tender offer for up to $100 million principal amount of its 5.875% convertible senior notes due 2035, according to a company news release.
The tender offer will expire at 11:59 p.m. ET on July 21.
Atlanticus is based in Atlanta and invests in businesses primarily focused in the financial services industry.
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