---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-24-000132"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T09:22:45.463931+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive Group increases revolving credit facility to $1.5B

## Summary
- Revolving borrowing capacity raised from $1.2B to $1.5B via eleventh amendment.
- Facility expires September 30, 2027; includes $75M letter of credit sublimit.
- Interest rate: adjusted SOFR + 1.50% (collateralized) or +2.00% (uncollateralized).
- Up to $400M of borrowings permitted for foreign acquisitions.
- Substantially all U.S. subsidiaries guarantee; financial covenants and security interests apply.

## SEC filing metadata
- accession: 0001019849-24-000132
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000132/0001019849-24-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000132/pag-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-24-000132
- JSON: https://secwatch.observer/filing/0001019849-24-000132.json
- Plain text: https://secwatch.observer/filing/0001019849-24-000132.txt

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