America’s Car-Mart extends lender default waivers to Sept. 18 amid restructuring talks - CRMT News | RalliesAmerica’s Car-Mart extends lender default waivers to Sept. 18 amid restructuring talks
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CRMT• Waiver extension amid restructuring talks
- America’s Car-Mart extended a lender waiver of certain anticipated or existing Credit Agreement defaults through Sept. 18, 2026.
- Silver Point Finance, as agent, agreed with lenders to push back the waiver’s termination date from Sept. 11 to Sept. 18.
- Defaults cited include failure or expected failure to meet financial covenants and reporting obligations under the Credit Agreement.
- A board special committee continues to evaluate strategic alternatives, citing progress toward a transaction with talks still active.
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