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Stock impact report

Credit Acceptance Announces Closing of $500.0 Million Senior Notes Offering and Completion of Redemption of Senior Notes Due 2026

Credit Acceptance Corporation (CACC) 
Last credit acceptance corporation earnings: 1/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.creditacceptance.com/investor-relations
Company Research Source: GlobeNewswire
Southfield, Michigan, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the closing of the Company’s previously announced offering of $500.0 million aggregate principal amount of its 6.625% senior notes due 2030 (the “notes”) at an issue price of 100% of the principal amount of the notes in a private offering exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Company also announced today that it completed the previously announced redemption (the “Redemption”) of all of its 6.625% senior notes due 2026 (the “2026 notes”) in accordance with the indenture Read more
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