secwatch.observer — SEC 8-K summary
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Issuer:     CREDIT ACCEPTANCE CORP (CACC)
CIK:        0000885550
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000885550-23-000090
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credit Acceptance extends $75M warehouse facility maturity to Sep 2026
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- Extended revolving secured warehouse facility cease-to-revolve date from Sep 30, 2024 to Sep 30, 2026.
- No other material changes to facility terms; no balance outstanding as of Aug 4, 2023.
- Facility size remains $75.0 million; counterparty is Flagstar Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885550/000088555023000090/0000885550-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885550/000088555023000090/cacc-20230804.htm
  HTML page:      https://secwatch.observer/filing/0000885550-23-000090

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