America's Car-Mart, Inc. Announces Increase of Revolving Line of Credit to $326 Million
America’s Car-Mart, Inc. Announces Increase of Revolving Line of Credit to $326 Million Rogers, Arkansas, Dec. 31, 2020 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (the “Company”) today announced it has utilized a portion of the accordion feature under its Third Amended and Restated Loan and Security Agreement (“Agreement”). The increase allows for total permitted borrowings of $326 million up from $241 million. MUFG Union Bank, N.A. (MUFG) joined the lending group as a new lender with a commitment of $50 million. The lending group also includes BMO Harris Bank...
Source: forextv.com