---
schema_version: "secwatch.filing_event.v1"
accession: "0001170010-21-000191"
form_type: "8-K"
ticker: "KMX"
cik: "0001170010"
company_name: "CARMAX INC"
filed_at: "2021-12-29T23:59:59+00:00"
generated_at: "2026-06-27T21:52:17.050329+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CarMax increases revolving credit facility by $550M to $2B

## Summary
- 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.

## SEC filing metadata
- accession: 0001170010-21-000191
- form_type: 8-K
- ticker: KMX
- cik: 0001170010
- company_name: CARMAX INC
- filed_at: 2021-12-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1170010/000117001021000191/0001170010-21-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1170010/000117001021000191/kmx-20211229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001170010-21-000191
- JSON: https://secwatch.observer/filing/0001170010-21-000191.json
- Plain text: https://secwatch.observer/filing/0001170010-21-000191.txt

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