Asbury Automotive amends its $3.550 billion floorplan credit facility

Client(s) Asbury Automotive Group, Inc.

Jones Day represented Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the United States, in connection with an amendment to its floorplan credit facility with Bank of America, N.A., as administrative agent, providing for (i) a $425 million increase to its revolving credit facility, resulting in aggregate commitments of $925 million and (ii) a $325 million increase to its new vehicle floorplan credit facility, resulting in aggregate commitments of $2.25 billion.