USA: Sonic Automotive, Inc. Announces Additional Real Estate Financing
Sonic Automotive, Inc. (NYSE: SAH - news) and Capital Automotive REIT (Nasdaq: CARS - news) have entered into a commitment to provide Sonic Automotive with up to $75,000,000 in real estate financing through December 31, 2000. This commitment provides a source of funding at attractive rates for Sonic Automotive's expected real estate needs through the end of 2000.
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