CPS renews Citibank revolving credit facility, boosts capacity to $508 million
CPSS•Citibank revolving credit facility renewed and enlarged
CPS renewed a two-year revolving credit agreement with Citibank on July 9, 2026.
- Facility capacity increased to $508 million from $335 million, including the subordinate lender commitment.
- Borrowings are secured by auto receivables held or originated in the future.
- The revolving period runs through July 17, 2028; CPS can repay in full or let loans amortize for one year.
