debt
confidence high
sentiment neutral
materiality 0.50
OPENLANE ups Canadian receivables facility limit by C$125M to C$500M
OPENLANE, Inc.
- Program limit under Canadian RPA increased from C$375M to C$500M via Amendment No. 3.
- Amendment dated Nov 18, 2025; parties include BMO Nesbitt Burns and Royal Bank of Canada.
- OPENLANE acts as performance guarantor; subsidiary Automotive Finance Canada Inc. as seller/servicer.
- Exhibit shows Section 6.1(s) limit amended from $400M to $525M (likely CAD) — discrepancy with body's C$500M.