Credit Acceptance Announces $300M Senior Notes Offering
January 16, 2014 at 09:04 AM EST
Credit Acceptance Corporation (NASDAQ: CACC ) announced today that it plans to offer $300 million of senior notes due 2021 (the "notes"). We intend to use the net proceeds from the offering, together with borrowings under our revolving credit facility, to redeem in full the $350.0 million outstanding