Group 1 Automotive, Inc. announced a $1.0 billion upsize in its revolving syndicated credit facility, increasing the total to $3.5 billion. The maturity of this facility has also been extended to May 30, 2030.
The syndicated credit facility can be further expanded to $4.5 billion in total availability, subject to lender approval. This enhanced financial flexibility provides Group 1 with expanded access to capital to support its ongoing business strategy.
The facility involves 18 lending parties, including six manufacturer-affiliated finance companies and 12 commercial banks, reflecting strong relationships with its financial partners.
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