debt
confidence high
sentiment neutral
materiality 0.60
O'Reilly Automotive issues $500M of 5.000% Senior Notes due 2034
O REILLY AUTOMOTIVE INC
- $500M aggregate principal, 5.000% interest, maturing 2034.
- Net proceeds ~$495M after underwriting discounts and expenses.
- Proceeds to repay commercial paper and for general corporate purposes including buybacks and acquisitions.
- Underwriting agreement with J.P. Morgan, BofA, U.S. Bancorp as representatives.