{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-005678","form_type":"8-K","ticker":"CRMT","cik":"0000799850","company_name":"AMERICAS CARMART INC","filed_at":"2025-09-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.408097+00:00","generated_at":"2026-05-17T09:06:12.508015+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"America's Car-Mart closes $172M ABS securitization; weighted average coupon improves 81 bps","bullets":["Issued $172M in asset-backed notes: $133.34M Class A (5.01%) and $38.62M Class B (6.08%).","Weighted average coupon 5.46%, improving 81 bps from May 2025 securitization and 308 bps since 2024-1.","Class A notes ~8x oversubscribed, Class B nearly 16x oversubscribed, indicating strong demand.","Net proceeds of ~$170.7M to repay outstanding debt and fund reserve accounts for noteholders.","Notes rated A(sf) and BBB(sf) by S&P; collateralized by $291.5M in customer installment contracts."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-005678","json":"https://secwatch.observer/filing/0001171843-25-005678.json","markdown":"https://secwatch.observer/filing/0001171843-25-005678.md","text":"https://secwatch.observer/filing/0001171843-25-005678.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799850/000117184325005678/0001171843-25-005678-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799850/000117184325005678/f8k_090225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:06:12.508015+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":"4c28e6d92634c129d507968e039596083641e25c","claim":"AMERICAS CARMART INC incurred senior notes of $133,340,000 aggregate principal amount with Deutsche Bank National Trust Company at 5.01% maturing January 20, 2030.","evidence_excerpt":"On August 28, 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 $133,340,000 aggregate principal amount of 5.01% Class A Asset Backed Notes","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184325005678/0001171843-25-005678-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$133,340,000 aggregate principal amount"},{"label":"Counterparty","value":"Deutsche Bank National Trust Company"},{"label":"Rate","value":"5.01%"},{"label":"Maturity","value":"January 20, 2030"},{"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"}