Credit Acceptance Corporation announced that it has extended the maturity of its $310.0 million revolving secured line of credit facility with a commercial bank syndicate from June 22, 2018 to June 22, 2019.There were no other material changes to the...
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June 16, 2016, 07:15 AM
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Credit Acceptance Corporation announced the completion of a $385.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we contributed loans having a net book value of approximately $481.4 million to a...
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February 29, 2016, 07:38 AM
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Credit Acceptance Corporation announced it has ncreased the amount of one of its revolving secured warehouse facilities from $325.0 million to $400.0 million. There were no other material changes to the terms of the facility.
As of May 19, 2015...
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May 26, 2015, 07:14 AM
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