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CPS renews, ups Citibank revolving credit facility to $508 million

PUBT·07/09/2026 20:23:04
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CPS renews, ups Citibank revolving credit facility to $508 million
  • Consumer Portfolio Services renewed a two-year revolving credit agreement with Citibank, increasing total facility capacity to $508 million from $335 million.
  • The expanded commitment covers Citibank and a subordinate lender.
  • Borrowings are secured by auto receivables held or originated by CPS.
  • CPS can draw on a revolving basis through July 17, 2028.
  • At maturity, CPS can repay in full or let the loans amortize for one year.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607091619PRIMZONEFULLFEED9760079) on July 09, 2026, and is solely responsible for the information contained therein.