{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-002117","form_type":"8-K","ticker":"CPSS","cik":"0000889609","company_name":"CONSUMER PORTFOLIO SERVICES, INC.","filed_at":"2024-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.325625+00:00","generated_at":"2026-06-04T02:39:08.523976+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"CPS renews $200M revolving credit facility with Ares Agent Services through 2026","bullets":["Credit agreement renewed March 29, 2024; maximum $200 million outstanding at any time.","Loans secured by auto receivables; advance rate up to 88% of eligible pledged receivables.","Borrowing available through March 31, 2026; amortization option extends to March 31, 2028.","Floating interest rate based on SOFR plus margin; $2 million closing fee paid by CPS.","Facility originally from November 2015; no change in agent (Ares Agent Services, L.P.)."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-002117","json":"https://secwatch.observer/filing/0001683168-24-002117.json","markdown":"https://secwatch.observer/filing/0001683168-24-002117.md","text":"https://secwatch.observer/filing/0001683168-24-002117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002117/0001683168-24-002117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002117/cps_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T02:39:08.523976+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"71aaf1ef25ed61eb289ab03461d73e3f8dee5011","claim":"CONSUMER PORTFOLIO SERVICES, INC. amended Credit Agreement with subsidiary of Ares Management LLC valued at $200 million (effective 2024-03-29).","evidence_excerpt":"On March 29, 2024, Consumer Portfolio Services, Inc. (“CPS” or the “Company”) and its wholly-owned subsidiary Page Nine Funding LLC (the “Borrower”) renewed a revolving credit agreement (the \"Credit Agreement\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889609/000168316824002117/0001683168-24-002117-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"subsidiary of Ares Management LLC"},{"label":"Value","value":"$200 million"},{"label":"Effective","value":"2024-03-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}