Asbury Automotive Group has amended its $1.45 billion, five-year syndicated senior credit facility with Bank of America serving as administrative agent.
Prime Motor Group completed a $687 million refinancing with a syndicate of lenders led by Manufacturers and Traders Trust and SunTrust Bank.
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.
Asbury Automotive Group entered into a second amended and restated $1.3 billion, five-year syndicated senior credit facility. Bank of America served as administrative agent.