Credit Acceptance (CACC) said Thursday it plans to offer $400 million of senior notes due 2030.
Net proceeds from the offering will be used to help redeem its $400 million of 6.625% senior notes due 2026, the company said.
Shares of the company were up about 1.4% in recent trading.
Price: 509.49, Change: +6.78, Percent Change: +1.35
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