America’s Car-Mart extends lender default waivers to Sept. 24 under credit agreement amendment - CRMT News | RalliesAmerica’s Car-Mart extends lender default waivers to Sept. 24 under credit agreement amendment
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CRMT• Lender waivers extended under amended credit agreement
- America's Car-Mart secured another short-term extension of lender waivers under its amended credit agreement, pushing the deadline to Sept. 24, 2026.
- The waiver period provides temporary relief on minimum liquidity requirements and the minimum collateral coverage ratio.
- The company continues to pursue strategic alternatives under a board special committee, citing progress toward a potential transaction.
- The lender waivers cover existing or expected defaults tied to financial covenants and reporting obligations under the credit agreement.
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