{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-003669","form_type":"8-K","ticker":"CRMT","cik":"0000799850","company_name":"AMERICAS CARMART INC","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.325782+00:00","generated_at":"2026-05-20T00:37:37.409472+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Car-Mart closes $216M asset-backed securitization at 6.27% weighted average coupon","bullets":["Issued $165.18M Class A notes at 5.55% and $50.82M Class B notes at 7.25%.","Weighted average coupon improved 22 bps to 6.27% vs Jan 2025 and 107 bps vs Oct 2024.","Net proceeds ~$214.5M used to repay outstanding debt and fund reserve accounts.","Notes backed by $363M in installment contracts; Class A rated A(sf), Class B BBB(sf).","CEO Doug Campbell: transaction reflects growing market confidence in Car-Mart's portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-003669","json":"https://secwatch.observer/filing/0001171843-25-003669.json","markdown":"https://secwatch.observer/filing/0001171843-25-003669.md","text":"https://secwatch.observer/filing/0001171843-25-003669.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/0001171843-25-003669-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/f8k_060325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T00:37:37.409472+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96fef29f015d68aa87af57c4d9758cb6659a69b8","claim":"AMERICAS CARMART INC incurred senior notes of $165,180,000 aggregate principal amount with Deutsche Bank National Trust Company at 5.55% maturing June 20, 2028.","evidence_excerpt":"On May 29, 2025, affiliates of America’s Car-Mart, Inc. (the “Company”) completed a securitization transaction (the “Securitization Transaction”), which involved the issuance and sale in a private offering of $165,180,000 aggregate principal amount of 5.55% Class A Asset Backed Notes (the “Class A Notes”) and $50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/0001171843-25-003669-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$165,180,000 aggregate principal amount"},{"label":"Counterparty","value":"Deutsche Bank National Trust Company"},{"label":"Rate","value":"5.55%"},{"label":"Maturity","value":"June 20, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b38686472aa79371e0d6fde3f417d245580418d2","claim":"AMERICAS CARMART INC incurred senior notes of $50,820,000 aggregate principal amount with Deutsche Bank National Trust Company at 7.25% maturing February 20, 2032.","evidence_excerpt":"$50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/0001171843-25-003669-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$50,820,000 aggregate principal amount"},{"label":"Counterparty","value":"Deutsche Bank National Trust Company"},{"label":"Rate","value":"7.25%"},{"label":"Maturity","value":"February 20, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}