Brief: Credit Acceptance Announces $500.0 Million Senior Notes Offering
05/12/2023 13:32
Dec 5 (Reuters) - Credit Acceptance Corp CACC.O :
* CREDIT ACCEPTANCE ANNOUNCES $500.0 MILLION SENIOR NOTES
OFFERING
* CREDIT ACCEPTANCE CORP - PLANS TO OFFER $500.0 MILLION
AGGREGATE
PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2028
* CREDIT ACCEPTANCE CORP - TO USE PROCEEDS FROM OFFERING TO
FUND
CONCURRENT CASH TENDER OFFER FOR ANY AND ALL OF $400.0 MILLION
5.125% SENIOR NOTES DUE 2024
Source text for Eikon: ID:nGNX46HcN8
Further company coverage: CACC.O
((Reuters.Briefs@thomsonreuters.com;))
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