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Group 1 Automotive Prices $500 Million Offering of Senior Notes
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Group 1 Automotive Prices $500 Million Offering of Senior Notes
Jul 26, 2024 3:41 AM

06:12 AM EDT, 07/26/2024 (MT Newswires) -- Group 1 Automotive ( GPI ) said late Thursday it had priced a private placement of $500 million in 6.375% senior unsecured notes due 2030.

Proceeds from the offering, set to close on July 30, would be used to repay revolving credit borrowings and for general corporate purposes.

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