Asbury Automotive amends credit agreement, increases real estate borrowing base cap to 40%

ASBURY AUTOMOTIVE GROUP INC

Real estate component of Revolving Borrowing Base cap raised from 25% to 40% of Aggregate Revolving Commitments.
Conversion limits between revolving and floorplan commitments increased from 20% to 40% of Aggregate Commitments.
$50 million limit on Floorplan Offset Amount removed; Eligible Borrowing Base Real Property criteria amended.
Maturity date, interest rates, and total loan commitments under the Credit Agreement unchanged.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.