Group 1 automotive amends and extends $2.0 billion revolving credit facility

Houston, march 9, 2022 /prnewswire/ --  group 1 automotive, inc. (nyse: gpi) ("group 1" or the "company"), an international, fortune 300 automotive retailer with 201 dealerships located in the u.s. and u.k., today announced that it has completed a $2.0 billion five-year revolving syndicated credit facility with 21 financial institutions that will expire in march 2027 and can be expanded to $2.4 billion total availability. the revolving facility will provide $1.651 billion for inventory floorplan financing.
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