Loan & DebtJul 9, 2026, 05:26 PM
AutoZone Issues $850M 4.950% Notes Due 2031
AI Summary
AutoZone, Inc. entered into an underwriting agreement on July 7, 2026, with several underwriters including BofA Securities, J.P. Morgan Securities, Truist Securities, and U.S. Bancorp Investments. Pursuant to this agreement, the company will issue and sell $850,000,000 aggregate principal amount of 4.950% Notes due 2031. The agreement contains customary representations, warranties, and conditions to closing.
Key Highlights
- AutoZone entered into an underwriting agreement on July 7, 2026.
- The company will issue $850,000,000 in aggregate principal amount of notes.
- The notes carry an interest rate of 4.950%.
- The notes are due in 2031.
- BofA Securities, J.P. Morgan Securities, Truist Securities, and U.S. Bancorp Investments are representatives of the underwriters.
Price Impact
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