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Consumer Portfolio Services Renews $200 Million Credit Facility With Citibank
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Consumer Portfolio Services Renews $200 Million Credit Facility With Citibank
Jul 11, 2024 2:33 PM

05:06 PM EDT, 07/11/2024 (MT Newswires) -- Consumer Portfolio Services ( CPSS ) said Thursday it has renewed its two-year $200 million revolving credit agreement with Citibank, with the loans to be secured by its automobile receivables.

The company said it may borrow from the facility until July 15, 2026, and may repay in full or amortize for a one-year period.

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