Consumer Portfolio Services Secures Credit Facility Increase

MT Newswires Live

2024/12/20

Consumer Portfolio Services (CPSS) said Thursday it has secured an increase in its credit facility to $335 million from $225 million following an amendment to its two-year revolving credit agreement with Citibank.

Loans under the amended agreement will continue to be secured by automobile receivables, the finance company said.

Price: 10.65, Change: -0.24, Percent Change: -2.20

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