America's Car-Mart closes $300M securitization; weighted avg coupon 7.44%

AMERICAS CARMART INC

Issued $228.2M Class A Notes (6.06%) and $71.8M Class B Notes (9.21%).
Advance rate of 59.15% on $507.2M of receivables backing the notes.
Net proceeds ~$297.9M used to repay debt and fund reserve accounts.
Weighted average coupon improved by 198 bps vs Jan 2024 securitization.
Notes mature Feb 2029 (Class A) and Aug 2031 (Class B); rated A(sf)/BBB(sf) by S&P.

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.