CPS renews $200M revolving credit facility with Citibank through July 2026

CONSUMER PORTFOLIO SERVICES, INC.

Revolving credit agreement with Citibank, N.A. renewed on July 11, 2024; maximum borrowing $200M at any time.
Loans secured by automobile receivables; funding termination date is July 15, 2026, with optional one-year amortization.
Interest at a floating rate set as a margin above SOFR; CPS paid an approximately $2M closing fee.
Facility has been in place since May 2012 and was most recently renewed in July 2022.

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