Atlanticus Holdings (ATLC) Company Report

Atlanticus Holdings Corporation refinanced an existing $750 million term securitization on December 4, 2025.
The new three-year bonds feature more favorable structural elements and achieved an immediate 200+ basis point reduction in the coupon rate compared to the bonds they replaced.
President and CEO Jeff Howard stated that the refinancing highlights cost reduction successes across the combined Atlanticus and Mercury organization and that they are ahead of plan on integration efforts.

Dec 10, 2025, 9:15 PM

Atlanticus Acquires Vive Credit Card Receivables Portfolio

ATLC

M&A

New Projects/Investments

Atlanticus Holdings Corporation (NASDAQ: ATLC) acquired the Vive Financial credit card receivables portfolio from PROG Holdings, Inc.
Under the terms of the agreement, Atlanticus acquired approximately $165 million in credit card receivables. PROG Holdings received approximately $150 million in cash from the sale.
Atlanticus expects this acquisition to deepen and add numerous retail partner relationships and establish a meaningful partnership with PROG Holdings.

Oct 22, 2025, 11:10 AM

Atlanticus Holdings Corporation Acquires Mercury Financial LLC

ATLC

M&A

New Projects/Investments

Atlanticus Holdings Corporation (ATLC) acquired Mercury Financial LLC on September 11, 2025, for approximately $162 million in cash.
The acquisition adds 1.3 million credit card accounts and $3.2 billion in credit card receivables, increasing Atlanticus's total serviced accounts to over 5 million and total managed receivables to over $6 billion.
Mercury Financial LLC is a credit card platform serving near-prime consumers, which expands Atlanticus's product offerings and market segment.

Sep 17, 2025, 8:53 PM

Atlanticus acquires Mercury Financial LLC

ATLC

M&A

New Projects/Investments

Atlanticus Holdings Corporation announced the acquisition of Mercury Financial LLC on September 11, 2025.
The acquisition adds $3.2 billion of credit card receivables and 1.3 million credit card accounts, increasing Atlanticus's total managed receivables to over $6 billion and total serviced accounts to over 5 million.
Mercury Financial LLC is a credit card platform focused on near-prime consumers, which expands Atlanticus's product offerings and capabilities into this segment.
The transaction's consideration includes a cash purchase price of approximately $162 million, with potential future earn-out payments.