Nov 11 (Reuters) - AutoCanada Inc ACQ.TO :
* Announces financing arrangement
* Says entered into a financing arrangement with a holding company pph
* Says pph wholly owned by pat priestner, executive chairman of AutoCanada
* Says will provide a participatory loan to pph
* Says funds will be used by pph to fund 80% of its purchase of Whitby Oshawa
honda
* Says co's anticipated return will be approximately equal to 80% of the net
income of Whitby Oshawa honda
* Source text for Eikon ID:nCNWGhmBza
* Further company coverage ACQ.TO