secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001065696-24-000043
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LKQ subsidiary issues €750M 4.125% notes due 2031 to refinance €500M 3.875% 2024 notes
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- Issuance by indirect subsidiary LKQ Dutch Bond B.V. of €750M 4.125% senior unsecured notes due 2031.
- Proceeds and cash on hand to repay €500M 3.875% notes maturing 2024 plus accrued interest and fees.
- Notes fully guaranteed by LKQ Corp and its US subsidiaries under existing credit agreements.
- Interest payable annually on March 13, beginning 2025; par call date December 13, 2030.
- Redemption prior to par call at make-whole spread of 30 bps plus Comparable Government Bond Rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569624000043/0001065696-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569624000043/lkq-20240313.htm
  HTML page:      https://secwatch.observer/filing/0001065696-24-000043

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