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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CACC4968942 analysis



Key facts


Issue date
Mar 24, 2020
Maturity date
Mar 15, 2026
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.63% (Fixed)
Yield to maturity
6.52%
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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