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Prospect News home > News index > List of issuers T > Headlines for Tenders > News item
Published on 1/22/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Credit Acceptance to redeem all 9 1/8% notes due 2017 on Feb. 21

By Toni Weeks

San Luis Obispo, Calif., Jan. 22 - Credit Acceptance Corp. will redeem all of its 9 1/8% first-priority senior secured notes due 2017 on Feb. 21, according to a press release.

The notes will be redeemed at a redemption price of 104.563 plus accrued interest.

U.S. Bank NA is the trustee.

The Southfield, Mich.-based company is a provider of consumer auto loans.


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