secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001171843-23-000688
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

America's Car-Mart completes $400M auto loan securitization with four tranches
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- Issued $230.4M Class A notes at 6.61%, $46.8M Class B at 7.26%, $74.1M Class C at 8.59%, $48.9M Class D at 12.58%.
- Net proceeds of ~$398.2M used to repay outstanding debt and fund reserve accounts.
- Notes mature January 22, 2030; collateralized by used-vehicle retail installment contracts.
- S&P and Kroll rated Class A A(sf)/AA-(sf), Class B A-(sf)/A-(sf), Class C BBB(sf)/BBB-(sf), Class D BB(sf)/BB-(sf).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184323000688/0001171843-23-000688-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184323000688/f8k_020323.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000688

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