{"schema_version":"secwatch.filing_event.v1","accession":"0001065696-23-000054","form_type":"8-K","ticker":"LKQ","cik":"0001065696","company_name":"LKQ CORP","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.830178+00:00","generated_at":"2026-06-14T12:30:35.125574+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LKQ issues $1.4B senior notes at 5.75% (2028) and 6.25% (2033) to fund Uni-Select acquisition","bullets":["$800M 5.75% notes due 2028 and $600M 6.25% notes due 2033 issued on May 24, 2023.","Net proceeds, with term loan borrowings, will finance portion of Uni-Select acquisition and associated fees.","Notes are senior unsecured, guaranteed by domestic subsidiaries; interest payable semi-annually.","If Uni-Select acquisition not completed by Nov 27, 2023 (ext. to Feb 26, 2024), 2033 notes must be redeemed at 101%.","Registration Rights Agreement requires exchange offer registration within 330 days, with Additional Interest penalties for defaults."],"urls":{"canonical":"https://secwatch.observer/filing/0001065696-23-000054","json":"https://secwatch.observer/filing/0001065696-23-000054.json","markdown":"https://secwatch.observer/filing/0001065696-23-000054.md","text":"https://secwatch.observer/filing/0001065696-23-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000054/0001065696-23-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000054/lkq-20230524.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T12:30:35.125574+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5af4cfdce472cd84f14144bc694127e796f36f02","claim":"LKQ CORP incurred senior notes of $1.4 billion aggregate principal amount of senior unsecured notes, consisting of $800 million senior notes due 2028 and with BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers at interest at rates of 5.75% and 6.25%, respectively, per year maturing due 2028 and due 2033.","evidence_excerpt":"On May 24, 2023, LKQ Corporation (the \"Company,\" \"we,\" \"us,\" or \"our\") completed an offering of $1.4 billion aggregate principal amount of senior unsecured notes, consisting of $800 million senior notes due 2028 (the \"2028 Notes\") and $600 million senior notes due 2033 (the \"2033 Notes\" and together with the 2028 Notes, the \"Notes\") in a private placement conducted pursuant to Rule 144A and Regulation S under the United States Securities Act of 1933 (the \"Securities Act\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000054/0001065696-23-000054-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1.4 billion aggregate principal amount of senior unsecured notes, consisting of $800 million senior notes due 2028 and"},{"label":"Counterparty","value":"BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers"},{"label":"Rate","value":"interest at rates of 5.75% and 6.25%, respectively, per year"},{"label":"Maturity","value":"due 2028 and due 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1f57758f799c62c3511eb5bdc8e29ec4cd647af7","claim":"LKQ CORP entered into Registration Rights Agreement with BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers (effective 2023-05-24).","evidence_excerpt":"In connection with the sale of the Notes, we entered into a Registration Rights Agreement, dated as of May 24, 2023 (the \"Registration Rights Agreement\"), with the Guarantors and BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers of the Notes identified therein.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000054/0001065696-23-000054-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"BofA Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the initial purchasers"},{"label":"Effective","value":"2023-05-24"}],"fact_type":"material_agreement"},{"claim_id":"ed9816e6e96f950d3ed560661590beacc61c8aad","claim":"LKQ CORP entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $1.4 billion (effective 2023-05-24).","evidence_excerpt":"The Notes are governed by the Indenture, dated as of May 24, 2023 (the \"Indenture\"), among the Company, certain of the Company's subsidiaries (the \"Guarantors\") and U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1065696/000106569623000054/0001065696-23-000054-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Value","value":"$1.4 billion"},{"label":"Effective","value":"2023-05-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}