Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering

Credit Acceptance Corporation (CACC)
Last credit acceptance corporation earnings: 1/30 04:02 pm
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US:NASDAQ Investor Relations:
ir.creditacceptance.com/investor-relations
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Source: GlobeNewswire
Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $500.0 million aggregate principal amount of its 6.625% senior notes due 2030 (the “notes”) in its previously announced offering at an issue price of 100% of the principal amount of the notes. The $500.0 million aggregate principal amount of the notes represents an increase in the offering size from the previously announced $400.0 million. The closing of the sale of the notes is expected to occur on or about February 28, 2025, subject to customary closing conditions. We intend to use the net proceeds from the offering of the notes
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News
- Credit Acceptance Announces Closing of $500.0 Million Senior Notes Offering and Completion of Redemption of Senior Notes Due 2026GlobeNewswire
- Credit Acceptance Announces Conditional Notice of Redemption for Outstanding Senior Notes Due 2026 [Yahoo! Finance]Yahoo! Finance
- Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
- Credit Acceptance Announces Conditional Notice of Redemption for Outstanding Senior Notes Due 2026GlobeNewswire
- Credit Acceptance Announces $400.0 Million Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
CACC
Earnings
- 1/30/25 - Beat
CACC
Analyst Actions
- 1/31/25 - Stephens & Co.
CACC
Sec Filings
- 3/7/25 - Form ABS-15G
- 2/28/25 - Form 8-K
- 2/14/25 - Form ABS-15G
- CACC's page on the SEC website