---
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"
generated_at: "2026-05-20T00:37:37.409472+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Car-Mart closes $216M asset-backed securitization at 6.27% weighted average coupon

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003669
- JSON: https://secwatch.observer/filing/0001171843-25-003669.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003669.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $165,180,000 aggregate principal amount
  - Counterparty: Deutsche Bank National Trust Company
  - Rate: 5.55%
  - Maturity: June 20, 2028
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/0001171843-25-003669-index.htm
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $50,820,000 aggregate principal amount
  - Counterparty: Deutsche Bank National Trust Company
  - Rate: 7.25%
  - Maturity: February 20, 2032
  - Event: incurrence
  source text: $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_url: https://www.sec.gov/Archives/edgar/data/799850/000117184325003669/0001171843-25-003669-index.htm

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