Southfield, Michigan, February 13, 2025 (Globe Newswire) – Credit Acceptance Corporation (NASDAQ: CACC) (Called “The Company”, “Credit Acceptance”, “We”, “Our” or “Us”) today announced that it is planning to offer $ 400.0 million a total of the main amount for senior note is due in 2030 (“Notes”). We intend to use the net profit from the offer of the banknotes, together with cash at hand, to finance the redemption of all our $ 400.0 million outstanding 6,625% senior notes due in 2026 (“2026 notes”), in accordance with the conditions 400, 0 million of the withdrawal that regulates the 2026 bills and payment of fees and expenses in connection with this. Pending this application of net revenue from the offer of the banknotes, the net profit can be invested in short -term investments or applied to repay loans during our rotating credit facility without reducing the lenders’ commitments according to this.

The notes will only be offered to persons who are reasonably believed to be qualified institutional buyers in accordance with Rule 144a under the Securities Act from 1933, with amendments (the “Securities Act”). This press release should not constitute an offer to sell or encourage an offer to buy, nor should there be any sale of, the notes in any jurisdiction where such offer, call or sale would be illegal before registration or qualification under securities laws in such jurisdiction . The notes will not be registered in accordance with the Securities Act and may not be offered or sold in the United States or to us persons who are absent registration or an applicable exemption from the registration requirements. This press release does not constitute a notice of redemption with respect to the 2026 notes or an obligation to issue such a redemption notice.

The warning statement regarding forward -looking information

Statements in this edition that are not historical facts, such as those who use terms such as “May,” Will “,” Should “,” Faith “,” Finish “,” Plan “,” Goals “or similar expressions, and Those relating to our future results, plans and goals are “forward -looking statements” within the meaning of the federal securities laws. These forward statements, which include statements about the offer of notes and use of the net gain from there, represents our prospects only from the day for this edition. Actual results may differ significantly from these forward statements because the statements are based on our current expectations, which are subject to risks and uncertainties. Factors that may cause such a difference include stated in paragraph 1 (a of our annual report on form 10-K for the year ended on December 31, 2024, submitted to Securities and Exchange Commission (“” SEK “) on February 12, 2025 and other risk factors that are now stated in our reports submitted into Sec. We do not undertake, and explicitly, we release any obligation, to update or change our statements on due to new information or future events or otherwise, except what is required by applicable law.

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