Credit Acceptance Corporation Announces $400 Million Senior Notes Offering

Credit Acceptance Corporation (Nasdaq: CACC) has declared its intention to offer $400 million aggregate principal amount of senior notes due in 2030, according to an 8-K filing with the Securities and Exchange Commission on February 13, 2025. The company plans to utilize the net proceeds from this offering, alongside cash on hand, to facilitate the […]

Feb 15, 2025 - 08:07
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Credit Acceptance Corporation Announces $400 Million Senior Notes Offering
Credit Acceptance Corporation (Nasdaq: CACC) has declared its intention to offer $400 million aggregate principal amount of senior notes due in 2030, according to an 8-K filing with the Securities and Exchange Commission on February 13, 2025. The company plans to utilize the net proceeds from this offering, alongside cash on hand, to facilitate the […]