---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-007525"
form_type: "8-K"
ticker: "AZO"
cik: "0000866787"
company_name: "AUTOZONE INC"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:35:35.603724+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AutoZone issues $1.0B in senior notes: $450M 4.500% due 2028, $550M 4.750% due 2033

## Summary
- Issued $450M of 4.500% Notes due Feb 1, 2028 and $550M of 4.750% Notes due Feb 1, 2033.
- Notes are senior unsecured obligations ranking equally with existing senior unsecured debt.
- Interest payable semi-annually on Feb 1 and Aug 1; first payment Aug 1, 2023.
- Underwriters include BofA, J.P. Morgan, Truist, and Wells Fargo; customary indemnification.
- Company may redeem notes at its option; holders have change-of-control put rights.

## SEC filing metadata
- accession: 0001104659-23-007525
- form_type: 8-K
- ticker: AZO
- cik: 0000866787
- company_name: AUTOZONE INC
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866787/000110465923007525/0001104659-23-007525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866787/000110465923007525/tm234002d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-007525
- JSON: https://secwatch.observer/filing/0001104659-23-007525.json
- Plain text: https://secwatch.observer/filing/0001104659-23-007525.txt

## Key facts
- Debt Financings
  AUTOZONE INC incurred senior notes of $450,000,000 aggregate principal amount of the Company’s 4.500% Notes due 2028 and $550,000,000 aggregate principal amou with BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities LLC at 4.500% per year for the 2028 Notes and 4.750% per year for the 2033 Notes, payab maturing February 1, 2028 for the 2028 Notes and February 1, 2033 for the 2033 Notes.
  - Instrument: senior notes
  - Principal: $450,000,000 aggregate principal amount of the Company’s 4.500% Notes due 2028 and $550,000,000 aggregate principal amou
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities LLC
  - Rate: 4.500% per year for the 2028 Notes and 4.750% per year for the 2033 Notes, payab
  - Maturity: February 1, 2028 for the 2028 Notes and February 1, 2033 for the 2033 Notes
  - Event: incurrence
  source text: On January 27, 2023, the Company completed the sale of the Notes. The 2028 Notes bear interest at a fixed rate equal to 4.500% per year, payable semi-annually, and the 2033 Notes bear interest at a fixed rate equal to 4.750% per year, payable semi-annually.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866787/000110465923007525/0001104659-23-007525-index.htm
- Material Agreements
  AUTOZONE INC entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities LLC valued at $450,000,000 aggregate principal amount of the Company's 4.500% Notes due 2028 and $550,000,000 aggr (effective 2023-01-23).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities LLC
  - Value: $450,000,000 aggregate principal amount of the Company's 4.500% Notes due 2028 and $550,000,000 aggr
  - Effective: 2023-01-23
  source text: On January 23, 2023, AutoZone, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”), by and among the Company and BofA Securities, Inc., J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities LLC, as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters, and the Underwriters agreed to purchase, $450,000,000 aggregate principal amount of the Company’s 4.500% Notes due 2028 (the “2028 Notes”) and $550,000,000 aggregate principal amount of the Company’s 4.750% Notes due 2033 (the “2033 Notes” and together with the 2028 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/866787/000110465923007525/0001104659-23-007525-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.