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Credit Acceptance Corp (CACC.OQ)

CACC.OQ on NASDAQ Stock Exchange Global Select Market

363.55USD
22 Jun 2018
Change (% chg)

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39,411
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$377.65
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$239.45

Latest Key Developments (Source: Significant Developments)

Credit Acceptance Announces Increase Of Revolving Secured Warehouse Facility
Friday, 11 May 2018 

May 10 (Reuters) - Credit Acceptance Corp ::CREDIT ACCEPTANCE ANNOUNCES INCREASE OF REVOLVING SECURED WAREHOUSE FACILITY.CREDIT ACCEPTANCE - ADDED NEW LENDER TO WAREHOUSE FACILITY IV & INCREASED AMOUNT OF FACILITY TO $250.0 MILLION.  Full Article

Credit Acceptance Announces Extension Of Revolving Secured Warehouse Facility
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - Credit Acceptance Corp ::CREDIT ACCEPTANCE ANNOUNCES EXTENSION OF REVOLVING SECURED WAREHOUSE FACILITY.CREDIT ACCEPTANCE - EXTENDED DATE ON WHICH CO'S $400 MILLION REVOLVING SECURED WAREHOUSE FACILITY WILL CEASE TO REVOLVE FROM JUNE 23, 2019 TO DEC 20, 2020.  Full Article

Credit Acceptance executed second amendment to loan and security agreement
Wednesday, 24 Aug 2016 

Credit Acceptance Corp : On Aug 18, co executed second amendment to loan and security agreement, dated as of Aug 18 . Maturity of facility was also extended from September 10, 2019 to August 18, 2021 - sec filing . Warehouse amendment has extended date on which facility will cease to revolve from September 10, 2017 to August 18, 2019 .Interest rate on borrowings under facility has been increased from libor plus 160 basis points to LIBOR plus 225 basis points.  Full Article

Credit Acceptance says announces extension of revolving secured warehouse facility
Friday, 19 Aug 2016 

Credit Acceptance Corp : Credit acceptance announces extension of revolving secured warehouse facility . Extended date on which $100.0 million revolving secured warehouse facility will cease to revolve from sept 10, 2017 to august 18, 2019 . Maturity of facility was also extended from september 10, 2019 to august 18, 2021 .Interest rate on borrowings under facility has been increased from libor plus 160 basis points to libor plus 225 basis points.  Full Article

Credit Acceptance posts Q2 adj. earnings per share $4.38
Saturday, 30 Jul 2016 

Credit Acceptance Corp : Credit Acceptance announces second quarter 2016 earnings . Qtrly earnings per share $4.17 . Q2 adjusted non-GAAP shr $4.38 . Q2 shr $4.17 . Q2 shr view $3.86 -- Thomson Reuters I/B/E/S . Qtrly total revenue $238.5 mln vs $203.1 mln .Q2 rev view $232.4 mln -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Credit Acceptance Corp Q1 Earnings Per Share $6.17

* Q1 EARNINGS PER SHARE VIEW $6.19 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: