CARMEL,Ind.–(BUSINESS WIRE)–KAR Auction Services,Inc. (the “Company”) today announced that its Canadian floorplan finance subsidiary,Automotive Finance Canada Inc. (“AFC Canada”),has entered into a securitization facility with a Canadian multi-seller conduit administered by an affiliate of a Canadian bank. The facility provides AFC Canada with up to CAD$75.0 million in financing to use in making loans to automotive dealers in Canada. The transaction generated approx
