05:02 PM EDT, 09/03/2025 (MT Newswires) -- Lithia Motors ( LAD ) said late Wednesday that it has priced a $600 million private offering of 5.5% senior notes due 2030, upsizing the deal by $100 million from its initial plan.

The offering is expected to close Sept. 10, the company said.

The automotive retailer said it plans to use the net proceeds to repay some of its outstanding borrowings under its revolving lines of credit, and for general corporate purposes, including acquisitions and working capital.