Vroom unit UACC extends JPMorgan-led warehouse credit facility maturity to June 2027
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- Vroom subsidiaries UACC, Trust IV amended a JPMorgan-led Warehouse Credit Facility, extending the commitment termination date to June 2, 2027.
- Amendment raises the maximum permitted leverage ratio, lowers the tangible net worth requirement, and lifts the maximum advance rate via a revised dynamic mechanism.
- Vroom Finance Holdings provided a performance guaranty to the administrative agent, backing certain obligations under the facility.
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