ACV Auctions enters $125M warehouse facility and amends JPMorgan credit line

ACV Auctions Inc.

$125M revolving warehouse facility via subsidiary ACV Capital Funding II, backed by auto floorplan loans.
Facility arranged with Citibank as administrative agent; revolving period ends June 20, 2026.
Advances bear interest at Term SOFR plus 0.11448% and a 3.00% margin, or Alternate Base Rate.
Amendment to existing JPMorgan credit agreement permits the warehouse facility and adds 10 subsidiary guarantors.
ACV Auctions provides limited indemnity and performance guaranty for the warehouse facility.

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