America's Car-Mart Inc. Completes $172 Million Asset-Backed Notes Offering with Favorable Coupon Rates
America's Car-Mart, Inc. $(CRMT)$ has successfully completed a term securitization transaction, issuing $172 million in principal amount of asset-backed notes. The issuance is divided into two classes: $133.34 million of Class A Notes with a coupon rate of 5.01% and $38.62 million of Class B Notes with a coupon rate of 6.08%. The overall weighted average coupon for the transaction is 5.46%. This marks the company's eighth ABS transaction, showcasing strong market interest, with the Class A Notes almost 8 times oversubscribed and the Class B Notes nearly 16 times oversubscribed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. America's Car-Mart Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9520305-en) on August 29, 2025, and is solely responsible for the information contained therein.
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