debt
confidence high
sentiment neutral
materiality 0.50
AutoZone issues $750M of 4.750% Senior Notes due 2032
AUTOZONE INC
- Issued $750M aggregate principal of 4.750% Senior Notes due August 1, 2032.
- Interest payable semi-annually on Feb 1 and Aug 1, first payment Feb 1, 2023.
- Notes are senior unsecured, ranking equally with other senior unsecured debt.
- Issued under existing indenture and shelf registration; subject to customary covenants and change of control repurchase provisions.