---
schema_version: "secwatch.filing_event.v1"
accession: "0001023128-25-000107"
form_type: "8-K"
ticker: "LAD"
cik: "0001023128"
company_name: "LITHIA MOTORS INC"
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:03:13.636890+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lithia Motors increases credit facility from $6.0B to $6.5B, with option to expand to $7.0B

## Summary
- Total commitment increased to $6.5B from $6.0B; may be further expanded to $7.0B subject to lender approval.
- Initial allocations: $3B new vehicle floorplan, $900M used vehicle floorplan, $2.5B revolver, $100M service loaner floorplan.
- Revolver limit raised to 50% of aggregate commitment; eligible real estate limit increased to 32.5% of aggregate commitment.
- Financing operations interest expense removed from fixed charge coverage ratio calculation.
- TD Bank exited as lender; U.S. Bank remains administrative agent.

## SEC filing metadata
- accession: 0001023128-25-000107
- form_type: 8-K
- ticker: LAD
- cik: 0001023128
- company_name: LITHIA MOTORS INC
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/0001023128-25-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/lad-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023128-25-000107
- JSON: https://secwatch.observer/filing/0001023128-25-000107.json
- Plain text: https://secwatch.observer/filing/0001023128-25-000107.txt

## Key facts
- Debt Financings
  LITHIA MOTORS INC amended credit facility of increases the total financing commitment from $6.0 billion to $6.5 billion with U.S. Bank National Association.
  - Instrument: credit facility
  - Principal: increases the total financing commitment from $6.0 billion to $6.5 billion
  - Counterparty: U.S. Bank National Association
  - Event: amendment
  source text: agent for the lenders, and each of the lenders party to the Loan Agreement, as lenders. Among other changes, the Sixth Amendment: • Increases the total financing commitment from $6.0 billion to $6.5 billion, which may be further expanded to up to a total of $7.0 billion, subject to Lender approval and the satisfaction of other conditions, with initial allocations as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023128/000102312825000107/0001023128-25-000107-index.htm

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