Asbury Automotive extends credit lines by $775M total to fund Herb Chambers acquisition

ASBURY AUTOMOTIVE GROUP INC

Revolving credit facility increased from $500M to $925M.
New vehicle floor plan facility increased from $1.925B to $2.25B.
Increases contingent on and effective concurrently with closing of Herb Chambers deal.
Amendment dated April 9, 2025; Bank of America remains administrative agent.
Proceeds will fund the previously announced HGC Acquisition (Herb Chambers automotive group).

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.