Credit Acceptance Corporation
Debt Capital Markets
Senior Notes due 2024
|Client & Transactional Partners||Credit Acceptance Corporation||Our Role||Co-Manager|
Credit Acceptance Corporation (“CACC” or the “Company”) priced $400 million of Senior Notes due 2024. Proceeds from the offering, together with borrowings under CACC’s revolving credit facility and cash on hand, will be used to fund the tender offer of the Company’s Senior Notes due 2021 and the redemption of the Senior Notes due 2023. KeyBanc Capital Markets acted as Co-Manager on the transaction.