Credit Acceptance extends USD 500 million revolving warehouse facility to September 2028

Bitget2026/09/21 20:03

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Credit Acceptance extended the revolving period on its USD 500 million revolving secured warehouse facility to Sept. 15, 2028.
Pricing on the facility tightened to SOFR + 175 basis points from SOFR + 185 basis points.
USD 180 million was outstanding under the facility as of Sept. 15, 2026.
Term ABS 2019-2 revolving period extended to Sept. 15, 2028 from Sept. 15, 2026.
Interest rate on Term ABS 2019-2 increased to 5.83% from 5.43%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Credit Acceptance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000885550-26-000195), on September 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Credit Acceptance extends USD 500 million revolving warehouse facility to September 2028

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