secwatch / observer

COPART INC — fact timeline

Source-grounded facts extracted from COPART INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CPRT COPART INC JSON
Debt Financings

COPART INC incurred revolving credit of $1,250.0 million with Wells Fargo Bank, National Association at either (1) the applicable fixed rate plus 0.75% to 1.125% or (2) the daily rate maturing January 23, 2031.

“The Credit Agreement provides for a $1,250.0 million revolving credit facility maturing on January 23, 2031”
Material Agreements

COPART INC terminated Existing Credit Agreement with Bank of America, N.A., as the administrative agent (effective 2026-01-23).

“Concurrently with entry into the Credit Agreement, Copart terminated all available commitments and repaid all amounts outstanding under that certain Second Amended and Restated Credit Agreement, dated as of December 21, 2021, by and among the Copart, the designated borrowers from time to time party thereto, the guarantors from time to time party thereto, the lenders party from time to time thereto and Bank of America, N.A., as the administrative agent (the “ Existing Credit Agreement ”).”
Material Agreements

COPART INC entered into Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $1,250.0 million revolving credit facility (effective 2026-01-23).

“On January 23, 2026, Copart, Inc. (“ Copart ”) entered into a Senior Revolving Credit Agreement (the “ Credit Agreement ”) by and among Copart, certain subsidiaries of Copart party thereto, the lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.