secwatch.observer — SEC 8-K summary
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Issuer:     AUTONATION, INC. (AN)
CIK:        0000350698
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001193125-22-061375
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AutoNation closes $700M issuance of 3.850% Senior Notes due 2032
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- Issued $700M aggregate principal of 3.850% Senior Notes due 2032 at 99.835% of par (yield 3.870%).
- Notes mature March 1, 2032; interest payable semi-annually on March 1 and September 1 starting September 1, 2022.
- Underwriters include BofA Securities, J.P. Morgan, Truist, and Wells Fargo.
- Notes are unsecured, structurally subordinated; covenants restrict liens, sale/leaseback, and mergers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350698/000119312522061375/0001193125-22-061375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350698/000119312522061375/d217066d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-061375

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