secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001171843-24-000553
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 $250M securitization of auto receivables
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- Issued $183.19M Class A notes at 7.71% and $66.81M Class B notes at 11.40% via ACM Auto Trust 2024-1.
- Net proceeds of ~$248.2M used to pay outstanding debt and fund reserve accounts.
- Notes mature January 21, 2031; monthly interest/principal payments begin Feb 20, 2024.
- S&P rated Class A notes 'A(sf)' and Class B notes 'BBB(sf)'.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184324000553/0001171843-24-000553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184324000553/f8k_020224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000553

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