CREDIT ACCEPTANCE CORP (CACC): debt financing — Credit Acceptance extends revolving credit facility maturity to 2029, lowers spread by 22.5 bps

CREDIT ACCEPTANCE CORP

Maturity extended from June 22, 2028 to June 22, 2029.
Interest rate reduced from SOFR+197.5 bps to SOFR+175.0 bps.
Outstanding balance as of June 9, 2026 was $270.5 million.
No other material changes to facility terms.
Amendment with Fifth Third Bank syndicate effective June 9, 2026.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CREDIT ACCEPTANCE CORP amended revolving credit of $270.5 million with Fifth Third Bank, N.A., as administrative agent at SOFR plus 175.0 basis points maturing June 22, 2029.

Instrument: revolving credit
Principal: $270.5 million
Counterparty: Fifth Third Bank, N.A., as administrative agent
Rate: SOFR plus 175.0 basis points
Maturity: June 22, 2029
Event: amendment

Exact text from the filing

Financing Rate (“SOFR”) plus 197.5 basis points to SOFR plus 175.0 basis points. There were no other material changes to the terms of the facility. As of June 9, 2026, we had $270.5 million outstanding under the facility. The terms and conditions of this transaction are set forth in the agreement attached hereto as Exhibit 4.147 to this Form 8-K and incorporated

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Source: SEC EDGAR

accession 0000885550-26-000147

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