secwatch.observer — SEC 8-K summary
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Issuer:     O REILLY AUTOMOTIVE INC (ORLY)
CIK:        0000898173
Form:       8-K
Filed at:   2023-11-20T23:59:59+00:00
Accession:  0001104659-23-119906
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

O'Reilly Automotive issues $750M 5.750% Senior Notes due 2026
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- $750M aggregate principal, 5.750% coupon, matures Nov 20, 2026.
- Interest payable semi-annually on May 20 and Nov 20, beginning May 20, 2024.
- Notes are unsecured senior obligations, ranking equally with existing senior notes.
- Redeemable prior to Oct 20, 2026 at make-whole plus 15 bps; thereafter at par.
- Change of control put at 101% of principal plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898173/000110465923119906/0001104659-23-119906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898173/000110465923119906/tm2330979d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-119906

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer