{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-26-000147","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2026-06-15T20:01:26+00:00","discovered_at":"2026-06-15T20:02:00.397583+00:00","generated_at":"2026-06-15T20:02:11.352565+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Credit Acceptance extends revolving credit facility maturity to 2029, lowers spread by 22.5 bps","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-26-000147","json":"https://secwatch.observer/filing/0000885550-26-000147.json","markdown":"https://secwatch.observer/filing/0000885550-26-000147.md","text":"https://secwatch.observer/filing/0000885550-26-000147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000147/0000885550-26-000147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000147/cacc-20260609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:02:11.352565+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15937a17d2c4f86c39ac2e61237260294d6f3a12","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000147/0000885550-26-000147-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$270.5 million"},{"label":"Counterparty","value":"Fifth Third Bank, N.A., as administrative agent"},{"label":"Rate","value":"SOFR plus 175.0 basis points"},{"label":"Maturity","value":"June 22, 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}