Amount Raised
$150 Million
Round Type
Debt Financing
CharlotteRetailAutomotiveInvestors
Description
On March 27, 2026, Sonic Automotive, Inc. entered into a Bridge Facility Credit Agreement for a senior unsecured term loan facility. The total amount secured under this agreement is $150 million. The funds will support the company's operational needs and strategic initiatives.
Quick answer
Sonic Automotive raised $150 Million in a Debt Financing round, dated April 2, 2026. Investors: PNC Bank, National Association. Sonic Automotive is based in Charlotte, North Carolina, United States.
- How much did Sonic Automotive raise?
- Sonic Automotive raised $150 Million in a Debt Financing round on April 2, 2026.
- Who invested in Sonic Automotive?
- PNC Bank, National Association is named as investors in this round.
- What does Sonic Automotive do?
- Sonic Automotive, Inc. is a leading automotive retailer that operates in the retail automobile industry.
- Where is Sonic Automotive based and how big is it?
- Sonic Automotive is based in Charlotte, North Carolina, United States. Fundz records about 11,000 employees.
- Who are the decision-makers at Sonic Automotive?
- Fundz holds 2 contacts at Sonic Automotive, including the Regional Vice President. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Retail and Automotive around the same time
Companies in the same sectors as Sonic Automotive that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $550M (Series C) on May 1, 2026.
- Lucid Group raised $1.1B (Post-IPO Equity) on April 15, 2026.
- CarMax raised $750M (Debt Financing) on February 20, 2026.
- Visionary raised $576K (Seed) on May 13, 2026.
- Bisedge raised $20M (Private Equity) on May 12, 2026.
- NUVVE JAPAN K.K. raised $1.3M (Convertible Note) on May 7, 2026.
Who to call at Sonic Automotive, and when
A new round usually means Sonic Automotive is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sonic Automotive raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sonic Automotive, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Sonic Automotive. With Fundz connected, it knows.
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Fundz sees it the moment Sonic Automotive raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Sonic Automotive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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