financetom
Business
financetom
/
Business
/
Consumer Portfolio Services Secures Credit Facility Increase
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Consumer Portfolio Services Secures Credit Facility Increase
Dec 19, 2024 12:28 PM

03:12 PM EST, 12/19/2024 (MT Newswires) -- Consumer Portfolio Services ( CPSS ) said Thursday it has secured an increase in its credit facility to $335 million from $225 million following an amendment to its two-year revolving credit agreement with Citibank.

Loans under the amended agreement will continue to be secured by automobile receivables, the finance company said.

Price: 10.65, Change: -0.24, Percent Change: -2.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Bonterra Energy Appoints New Chair
Bonterra Energy Appoints New Chair
Oct 16, 2025
07:44 AM EDT, 10/16/2025 (MT Newswires) -- Bonterra Energy ( BNEFF ) said Thursday that it appointed oil and gas executive Andy Mah as chair and director to replace D. Michael Stewart, who is retiring Jan. 5, 2026, after 4.5 years of service. Mah was CEO of Advantage Energy ( AAVVF ) from 2009-2021 and is currently part of Pembina...
BMO on The Day Ahead in Canada
BMO on The Day Ahead in Canada
Oct 16, 2025
07:42 AM EDT, 10/16/2025 (MT Newswires) -- The full suite of Canadian housing market data for September is out on Thursday, said Bank of Montreal (BMO). Existing home sales were down 1.7% in the month (seasonally adjusted), but were up 5.2% from a year ago. The Canadian Real Estate Association's (CREA) MLS benchmark price was down 3.4% year over year,...
Endeavour Silver Begins Commercial Production at Terronera Mine in Mexico
Endeavour Silver Begins Commercial Production at Terronera Mine in Mexico
Oct 16, 2025
07:41 AM EDT, 10/16/2025 (MT Newswires) -- Endeavour Silver ( EXK ) said Thursday that it has achieved commercial production at the Terronera mine in Jalisco state, Mexico, effective Oct. 1. The miner said this occurred following a commissioning phase in which both mining and processing operations were ramped up to consistently exceed an average of 90% of the mine's...
Clairvest Group Buying MGM Northfield Park
Clairvest Group Buying MGM Northfield Park
Oct 16, 2025
07:41 AM EDT, 10/16/2025 (MT Newswires) -- Clairvest Group Inc. ( CVTGF ) announced Thursday that it, together with Clairvest Equity Partners VII, has entered into an agreement to acquire the operations of MGM Northfield Park from MGM Resorts International ( MGM ) for US$546 million in cash, subject to customary purchase price adjustments. A statement noted that CVG, funds...
Copyright 2023-2026 - www.financetom.com All Rights Reserved