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CACC Jun 2024 220.000 put

OPR - OPR Delayed price. Currency in USD
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4.66000.0000 (0.00%)
As of 12:52PM EDT. Market open.
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  • GlobeNewswire

    Credit Acceptance Announces Completion of $550.0 Million Asset-Backed Financing

    Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $550.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $687.7 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes: Note Cl

  • GlobeNewswire

    Credit Acceptance Named One of U.S. News’ Best Companies to Work For, Earning Top Honors in Financial Services and Midwest Region

    Southfield, Michigan, June 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) was named one of U.S. News’ Best Companies to Work For. In addition, the Company was named one of the Best in Financial Services and Best Companies in the Midwest, placing it in the top 25% of companies in each industry and region. “These recognitions are a direct result of our listening culture,” said Ken Booth, Chief Exec

  • GlobeNewswire

    Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility

    Southfield, Michigan, June 17, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the maturity of our revolving secured line of credit facility with a commercial bank syndicate from June 22, 2026 to June 22, 2027. The interest rate on borrowings under the facility has changed from the Bloomberg Short-Term Bank Yield Index rate plus 187.5 basis points to the Secured O