Credit Acceptance expands warehouse facility to $250M, extends maturity, lowers rate

CREDIT ACCEPTANCE CORP

Facility increased from $200M to $250M; revolving period extended to Dec 2027, maturity to Dec 2029.
Interest rate reduced from SOFR+245bps to SOFR+185bps.
No outstanding balance on the facility as of December 5, 2024.
Warehouse Amendment with Fifth Third Bank effective December 5, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.