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Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility From September 30, 2024 To September 30, 2026

Author: Happy Mohamed | August 04, 2023 04:04pm

 Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2024 to September 30, 2026. There were no other material changes to the terms of the facility.

As of August 4, 2023, we did not have a balance outstanding under the facility.

Posted In: CACC


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