America’s Car-Mart partial accordion lifts revolver to $326 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 31 – America’s Car-Mart, Inc. used a portion of the accordion feature under its loan and security agreement to increase total commitments under its revolving line of credit to $326 million from $241 million, according to a news release.

Additionally, BOK Financial and Wells Fargo Bank, NA were designated as co-syndication agents and First Horizon Bank and MUFG Union Bank, NA were designated as co-documentation agents.

America’s Car-Mart operates 143 automotive dealerships in 11 states. The company is based in Bentonville, Ark.

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