debt
confidence high
sentiment neutral
materiality 0.50
CarMax increases revolving credit facility by $550M to $2B
CARMAX INC
- Aggregate commitments under credit agreement raised from $1.45B to $2B via accordion feature.
- Amendment executed December 29, 2021; existing terms and termination date (June 7, 2024) unchanged.
- Company may extend maturity up to two one-year periods with lender approval.