PNC · News · 20260806N
Commercial Lending Mandates
PNC FINANCIAL SERVICES GROUP, INC. · 2026-08-06 · Importance 36 · Surprise 42
PNC Bank extended Motorcar Parts of America's $238.62 million revolving credit facility through August 2031, supporting the borrower's working-capital flexibility and strategic growth. PNC also provided a new $130 million revolving tranche in Sabre's amended accounts-receivable securitization facility, which extends the overall arrangement to September 28, 2029. These mandates demonstrate continued commercial-lending activity across automotive aftermarket and travel-technology borrowers.
Key facts
- Multiple reports state the $238.62 million revolver led by PNC Bank now matures in August 2031. source