America’s Car-Mart, Inc. Announces Closing on Extension and Upsize of Its Revolving Credit Facility

Group 1 - The company has extended and upsized its asset-based revolving credit facility (ABL Facility) from $320 million to$350 million, maturing on March 31, 2027 [2][3] - As of January 31, 2025, approximately $75 million was drawn on the ABL Facility, indicating a strong liquidity position [2] - The upsized ABL Facility and a$200 million asset-backed securities (ABS) transaction completed on January 31, 2025, have enhanced the company's funding and liquidity profile [3] Group 2 - America's Car-Mart operates automotive dealerships in 12 states, focusing on the "Integrated Auto Sales and Finance" segment of the used car market [5] - The company emphasizes superior customer service and building strong personal relationships with customers, primarily operating in smaller cities in the South-Central United States [5]