Credit Acceptance Extends Facility Featured

By Staff Writer July 17, 2019

Credit Acceptance Corp. extended the date on its $400 million revolving secured warehouse facility.

The facility will now cease to revolve on July 12, 2022, rather than Dec. 20, 2020. There were no other material changes to the terms of the facility.

As of July 12, Credit Acceptance had $201 million outstanding under the facility.

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Last modified on Wednesday, 17 July 2019 15:16

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