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CPS renews, ups Citibank revolving credit facility to $508 million
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CPS renews, ups Citibank revolving credit facility to $508 million
  • Consumer Portfolio Services renewed a two-year revolving credit agreement with Citibank, increasing total facility capacity to $508 million from $335 million.
  • The expanded commitment covers Citibank and a subordinate lender.
  • Borrowings are secured by auto receivables held or originated by CPS.
  • CPS can draw on a revolving basis through July 17, 2028.
  • At maturity, CPS can repay in full or let the loans amortize for one year.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607091619PRIMZONEFULLFEED9760079) on July 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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