Car-Mart adds $5M term loan; lenders extend default waiver to Nov 1

AMERICAS CARMART INC

Second Amendment with Silver Point Finance adds $5.0M incremental term loans maturing Oct 30, 2030; $200,000 of fees paid in kind and added to principal.
Borrowers acknowledged $305,608,825.77 aggregate outstanding loan principal as of Oct 14, 2026.
Lenders extended the First Amendment waiver of specified events of default and relief from minimum liquidity and Collateral Coverage Ratio covenants to Nov 1, 2026, from Oct 22.
ACM Auto Trust 2024-2 redeemed all outstanding asset-backed notes Oct 20, 2026; ~$92M of remaining receivables released and no longer pledged as collateral.
Borrowers must pay Milbank LLP invoices in cash by Oct 28, 2026; no mandatory borrowing-base deficiency prepayment unless Requisite Lenders request it.

Featured in Daily 8-K Digest

Selected #10 for 2026-10-21. Read digest

This headline and bullets were generated automatically by deepseek-v4.1-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.