SOUTHFIELD, Mich., Feb. 28, 2011 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company," "we," "our," or "us") announced today that it priced the $100 million of its 9.125% first priority senior secured notes due 2017 (the "notes") in its previously-announced offering. The issue price is 106.0% of the principal amount of the notes. The closing of the sale of the notes is expected to occur on or about March 3, 2011, subject to customary closing conditions.
Credit Acceptance Announces Pricing Of $100 Million Senior Secured Notes Offering
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