Group 1 Automotive Offers $500 Million in Senior Notes

By Staff Writer July 28, 2024

Group 1 Automotive, a Fortune 250 automotive retailer, announced that, subject to market conditions, it intends to offer for sale $500.0 million in aggregate principal amount of senior unsecured notes due 2030. The company expects to use the net proceeds of the offering to repay borrowings under its revolving credit facility and for general corporate purposes.

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Last modified on Wednesday, 31 July 2024 19:43