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Jun 30, 2024
Group 1 Automotive Q2 2024 Earnings Report
Announced offering of $500.0 million of senior unsecured notes due 2030.
Key Takeaways
Group 1 Automotive announced its intention 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.
Group 1 Automotive intends to offer $500.0 million in senior unsecured notes.
The notes are due in 2030.
The offering is subject to market conditions.
Net proceeds will be used to repay borrowings and for general corporate purposes.
Group 1 Automotive
Group 1 Automotive
Forward Guidance
The company's forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements.