ACV Auctions Expands Revolving Credit Facility to $200 Million and Extends Maturity
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ACV Auctions Inc. has amended its revolving credit agreement, increasing the facility from $125 million to $200 million and extending the maturity date to December 10, 2027. The amendment also reduces the interest rate margin by 0.25% and revises definitions related to concentration limits, eligible dealers, and vehicles.
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