---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-118196"
form_type: "8-K"
ticker: "ORLY"
cik: "0000898173"
company_name: "O REILLY AUTOMOTIVE INC"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:27:38.826064+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# O'Reilly Automotive issues $750M of 5.750% Senior Notes due 2026

## Summary
- Issued $750M aggregate principal of 5.750% Senior Notes due 2026.
- Estimated net proceeds ~$744.7M after underwriting discounts and expenses.
- Proceeds to repay commercial paper and for general corporate purposes, including share repurchases and acquisitions.
- Underwriting agreement with BofA Securities, J.P. Morgan and Truist Securities.

## SEC filing metadata
- accession: 0001104659-23-118196
- form_type: 8-K
- ticker: ORLY
- cik: 0000898173
- company_name: O REILLY AUTOMOTIVE INC
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898173/000110465923118196/0001104659-23-118196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898173/000110465923118196/tm2320019d5_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-118196
- JSON: https://secwatch.observer/filing/0001104659-23-118196.json
- Plain text: https://secwatch.observer/filing/0001104659-23-118196.txt

## Key facts
- Material Agreements
  O REILLY AUTOMOTIVE INC entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC and Truist Securities, Inc. valued at $750 million (effective 2023-11-13).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC and Truist Securities, Inc.
  - Value: $750 million
  - Effective: 2023-11-13
  source text: On November 13, 2023, O’Reilly Automotive, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Truist Securities, Inc., as the representatives of the underwriters named on Schedule I thereto (the “Underwriters”), with respect to the Company’s issuance and sale of $750 million aggregate principal amount of the Company’s 5.750% Senior Notes due 2026 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/898173/000110465923118196/0001104659-23-118196-index.htm

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