What changed
The $500.0 million revolving secured warehouse facility's cease-to-revolve date moved from September 20, 2027 to September 15, 2028, with the interest rate decreased from SOFR plus 185 basis points to SOFR plus 175 basis points. As of September 15, 2026, $180.0 million was outstanding under the Facility. The $500.0 million Term ABS 2019-2 financing's cease-to-revolve date was extended from September 15, 2026 to September 15, 2028, with its interest rate increased from 5.43% to 5.83%.
Why it matters
The $500.0 million revolving secured warehouse facility's cease-to-revolve date moved from September 20, 2027 to September 15, 2028, with the interest rate decreased from SOFR plus 185 basis points to