Cases & Deals

Asbury Automotive amends and restates $1.45 billion credit facility

Client(s) Asbury Automotive Group, Inc.

Jones Day advised Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., together with certain of its subsidiaries, in connection with the amendment and restatement of its credit facility, providing for a $1.04 billion new vehicle floorplan facility, a $160 million used vehicle floorplan facility, and a revolving credit facility of $250 million.