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AmeriCredit Expands Credit Facility

It has access to more scratch.

Automobile finance company

AmeriCredit

(ACF)

expanded its multi-year master warehouse credit facility. Its borrowing capacity has risen to $2.50 billion from $1.95 billion in a deal that includes commitments from 11 lenders.

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This facility matures in October 2009, the company added.

This story was created through a joint venture between TheStreet.com and IRIS.