Financing ·
On September 14, 2026, AutoNation amended its unsecured credit agreement to increase the revolving credit facility…
ANAutonation, Inc.
On September 14, 2026, AutoNation amended its unsecured credit agreement to increase the revolving credit facility commitment from $1.9 billion to $2.0 billion and expand the accordion feature limit by up to $1.0 billion (up from $500 million). The maturity date was extended to September 14, 2031, while maintaining existing financial covenants of a maximum leverage ratio of 3.75x and a minimum interest coverage ratio of 3.00x. AutoNation operates in the automotive retail industry.