---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-000245"
form_type: "8-K"
ticker: "SAH"
cik: "0001043509"
company_name: "SONIC AUTOMOTIVE INC"
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T12:20:03.857815+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sonic Automotive enters $149M mortgage loan facility maturing 2027

## Summary
- Credit agreement with PNC Bank establishes a $149,137,000 syndicated mortgage loan facility maturing November 17, 2027.
- Interest rates tied to SOFR or Base Rate plus margin based on lease adjusted leverage ratio: 1.25%-2.25% for SOFR loans.
- Facility secured by mortgages on certain properties and guaranteed by certain subsidiaries.
- Contains customary covenants including restrictions on indebtedness, liens, dividends, and capex.
- Commitments of $149,137,000 available upon satisfaction of funding conditions.

## SEC filing metadata
- accession: 0001628280-25-000245
- form_type: 8-K
- ticker: SAH
- cik: 0001043509
- company_name: SONIC AUTOMOTIVE INC
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043509/000162828025000245/0001628280-25-000245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043509/000162828025000245/sah-20241227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-000245
- JSON: https://secwatch.observer/filing/0001628280-25-000245.json
- Plain text: https://secwatch.observer/filing/0001628280-25-000245.txt

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