Group 1 Automotive Inc. Upsizes Revolving Credit Facility to $3.5 Billion and Extends Maturity to 2030

Reuters
04 Jun
Group 1 Automotive Inc. Upsizes Revolving Credit Facility to $3.5 Billion and Extends Maturity to 2030

Group 1 Automotive Inc., a leading Fortune 250 automotive retailer with 263 dealerships in the U.S. and U.K., announced a significant financial move on May 30, 2025. The company has upsized its revolving syndicated credit facility by $1.0 billion, bringing the total to $3.5 billion, with an extension of the maturity date to May 30, 2030. This credit facility, which could be expanded to $4.5 billion with lender approval, involves partnerships with 18 lending parties, including six manufacturer-affiliated finance companies and 12 commercial banks. Daniel McHenry, Group 1's CFO, emphasized that this expansion enhances the company's financial flexibility and access to capital, reflecting strong relationships with its lenders.

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