Credit Acceptance extends revolving secured credit facility maturity to June 2029
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Credit Acceptance extends revolving secured credit facility maturity to June 2029
  • Credit Acceptance extended the maturity of its revolving secured line of credit facility with a commercial bank syndicate to June 22, 2029 from June 22, 2028.
  • The borrowing spread fell to SOFR plus 175 basis points from SOFR plus 197.5 basis points.
  • USD 270.5 million was outstanding under the facility as of June 9, 2026.
  • No other material changes were made to the facility terms.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Credit Acceptance Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606091602PRIMZONEFULLFEED9734308) on June 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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