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home / news releases / CACC - Credit Acceptance launches $500M notes offering

CACC - Credit Acceptance launches $500M notes offering

Credit Acceptance Corporation

2023-12-05 09:03:00 ET

  • Credit Acceptance Corporation ( NASDAQ: CACC ) plans to offer $500 million of senior notes due in 2028, the company said Tuesday.

  • The net proceeds from the offering of the notes will be used to fund a concurrent cash tender offer for any and all of the $400 million in outstanding 5.125% senior notes due in 2024, among other things.

  • Press Release .

For further details see:

Credit Acceptance launches $500M notes offering
Stock Information
Company Name: Credit Acceptance Corporation
Stock Symbol: CACC
Market: NASDAQ
Website: creditacceptance.com
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