ACV Auctions Expands Revolving Credit Facility to $200 Million and Extends Maturity

Reuters12-19

ACV Auctions Expands Revolving Credit Facility to $200 Million and Extends Maturity

ACV Auctions Inc. has announced an amendment to its existing revolving credit and security agreement with ACV Capital Funding II LLC and a syndicate of lenders, including Citibank, N.A. as administrative agent. The amendment increases the committed amount of the revolving credit facility from $125 million to $200 million and extends the scheduled commitment termination date from June 20, 2026, to December 10, 2027. Additionally, the amendment reduces the applicable margin used to calculate the interest rate on loans under the agreement by 0.25% and revises certain definitions related to concentration limits, eligible dealers, and eligible vehicles.

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. ACV Auctions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001637873-25-000025), on December 18, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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ID: 0001637873-25-000025), on December 18, 2025, and is solely responsible for the information contained therein.</span></i>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0128525689.USD","symbol_name":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251218:nNDL4MhFdv:1","article_id":"2592181439","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592181439","pubTimestamp":1766092290,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"ACV Auctions Inc. has announced an amendment to its existing revolving credit and security agreement with ACV Capital Funding II LLC and a syndicate of lenders, including Citibank, N.A. as administrative agent. 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