From TokenPost · · 40s
Car-Mart Negotiates Sale as Credit Relief Ends
America’s Car-Mart seeks sale amid credit relief deadline.
In brief
America’s Car-Mart seeks sale amid credit relief deadline. Car-Mart Inc. discusses potential sale as temporary credit relief expires. Originally reported by TokenPost.
Car-Mart Inc. Negotiates Sale
America’s Car-Mart Inc. is negotiating with lenders over a potential sale as the used-car retailer faces a deadline on temporary credit relief.
Credit Relief Deadline Approaches
Lenders agreed on Oct. 14 to extend waivers for certain defaults and temporary relief from minimum liquidity and collateral-coverage requirements through Oct. 22.
Restructuring Discussions Continue
A special committee is reviewing financing, recapitalization and restructuring, as well as mergers and acquisitions and other transactions.
Here's the gist
Car-Mart Inc. discusses potential sale as temporary credit relief expires.
