Lmp automotive holdings, inc. receives $192 million finance commitment from truist bank for its stage 1 southeast acquisitions

Fort lauderdale, fla., dec. 22, 2020 (globe newswire) -- lmp automotive holdings, inc. (nasdaq: lmpx) (the “company” or “lmp”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today announced it has entered into a commitment letter with truist bank for a $192 million financing (subject to terms and conditions set forth in the commitment letter) for the company's stage 1 southeast acquisitions.
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