Credit Acceptance Announces Conditional Notice of Redemption for Outstanding Senior Notes Due 2026

Group 1 - Credit Acceptance Corporation announced a conditional notice of redemption for its 6.625% senior notes due 2026, totaling $400.0 million, scheduled for February 28, 2025 [1][2] - The redemption is contingent upon the company receiving at least$400.0 million from the offering of senior notes due 2030, which was also announced on the same day [1] - A notice of conditional full redemption will be sent to the holders of the 2026 notes by the trustee, detailing the terms and conditions of the redemption [2]