America's Car-Mart secures loan default waiver extension through Oct. 22
CRMT•America's Car-Mart secured an extension of credit default waivers through Oct. 22, 2026, from Oct. 15. The waivers cover minimum liquidity and Collateral Coverage Ratio requirements.
1. Waiver extension
Silver Point Finance, as agent, and lenders agreed on Oct. 14 to extend the waivers through Oct. 22, 2026. The defaults include failures or expected failures to meet financial covenants and reporting obligations under the Credit and Guaranty Agreement.
