Credit Acceptance Corporation 6.625% 15-MAR-2026Credit Acceptance Corporation 6.625% 15-MAR-2026Credit Acceptance Corporation 6.625% 15-MAR-2026

Credit Acceptance Corporation 6.625% 15-MAR-2026

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Key terms


Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.54%
Maturity date
Mar 15, 2026
Term to maturity
1 year

About Credit Acceptance Corporation 6.625% 15-MAR-2026


Sector
Finance
Industry
Finance/Rental/Leasing
Issue date
Mar 24, 2020
FIGI
BBG00NJ2B9W7
Credit Acceptance Corp. engages in the provision of dealer financing programs that enables automobile dealers to sell vehicles to consumers, regardless of its credit history. Its financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers. The company was founded by Donald A. Foss in 1972 and is headquartered in Southfield, MI.
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