Asbury Automotive Group has amended its $1.45 billion, five-year syndicated senior credit facility with Bank of America serving as administrative agent.
VMAC Holdings closed a $5 million line of credit facility with Mercedes-Benz Financial Services USA, a captive financial services provider within the Daimler Mobility AG group of companies.
James Candy Company filed voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.
Lithia Motors amended its credit agreement to increase its existing facility by $300 million to $2.05 billion and extended the maturity to July 2021. U.S. Bank served as administrative agent.