---
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"
generated_at: "2026-05-17T09:06:12.508015+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart closes $172M ABS securitization; weighted average coupon improves 81 bps

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-005678
- JSON: https://secwatch.observer/filing/0001171843-25-005678.json
- Plain text: https://secwatch.observer/filing/0001171843-25-005678.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $133,340,000 aggregate principal amount
  - Counterparty: Deutsche Bank National Trust Company
  - Rate: 5.01%
  - Maturity: January 20, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/799850/000117184325005678/0001171843-25-005678-index.htm

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