---
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"
generated_at: "2026-06-15T20:02:11.352565+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance extends revolving credit facility maturity to 2029, lowers spread by 22.5 bps

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-26-000147
- JSON: https://secwatch.observer/filing/0000885550-26-000147.json
- Plain text: https://secwatch.observer/filing/0000885550-26-000147.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/885550/000088555026000147/0000885550-26-000147-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.