Group 1 Automotive Amends and Extends $1.8 Billion Revolving Credit Facility
Group 1 Automotive, Inc. (GPI)
Last group 1 automotive, inc. earnings: 2/5 07:07 am
Check Earnings Report
US:NYSE Investor Relations:
group1corp.com
Company Research
Source: PR Newswire
HOUSTON, June 27, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced that it has completed a $1.8 billion five-year revolving syndicated credit facility with 23 financial institutions that will expire in June 2024 and can be expanded to $2.1 billion total availability.The revolving facility will provide $1.44 billion for inventory floorplan financing. The facility will also provide $360.0 million for working capital, acquisitions and general corporate purposes, of which up to $125.0 million can be borrowed in either Euros or Pounds Sterling. New Vehicle and Used Vehicle floorplan interest rates are at one-month LIBOR plus 110bps and one-month LIBOR plus 140bps, respectively.Lenders in the syndicated facility include four manufacturer-affiliated finance companies and 19 commercial banks. The four manufacturer-affiliated finance companies are: Mercedes-Benz Financial Services USA LLC; Toyota Motor Credit Corpo
Show less
Read more
Impact Snapshot
Event Time:
GPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GPI alerts
High impacting Group 1 Automotive, Inc. news events
Weekly update
A roundup of the hottest topics
GPI
News
- Group 1 (GPI) Q1 Earnings Miss Expectations, Decline Y/Y [Yahoo! Finance]Yahoo! Finance
- Group 1 Automotive, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Group 1 Automotive, Inc. (NYSE:GPI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Group 1 Automotive (GPI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Group 1 Automotive Reports First Quarter 2024 Financial ResultsPR Newswire
GPI
Earnings
- 4/24/24 - Miss
GPI
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form 8-K
- 4/18/24 - Form DEFA14A
- GPI's page on the SEC website