---
schema_version: "secwatch.filing_event.v1"
accession: "0001144980-22-000151"
form_type: "8-K"
ticker: "ABG"
cik: "0001144980"
company_name: "ASBURY AUTOMOTIVE GROUP INC"
filed_at: "2022-10-04T23:59:59+00:00"
generated_at: "2026-06-23T05:30:29.585975+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001144980-22-000151
- form_type: 8-K
- ticker: ABG
- cik: 0001144980
- company_name: ASBURY AUTOMOTIVE GROUP INC
- filed_at: 2022-10-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1144980/000114498022000151/0001144980-22-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1144980/000114498022000151/abg-20220930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001144980-22-000151
- JSON: https://secwatch.observer/filing/0001144980-22-000151.json
- Plain text: https://secwatch.observer/filing/0001144980-22-000151.txt

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