secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCE AUTO PARTS INC (AAP)
CIK:        0001158449
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001193125-23-065940
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advance Auto Parts issues $600M in notes (5.900% due 2026, 5.950% due 2028)
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- Priced $300M of 5.900% notes due March 2026 and $300M of 5.950% notes due March 2028.
- Notes are unsecured, unsubordinated, and guaranteed by wholly owned subsidiary Advance Stores Company.
- Interest payable semi-annually starting September 9, 2023; redemption terms include make-whole or par call.
- Offering completed under existing shelf registration; covenants limit liens and sale/leaseback transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158449/000119312523065940/0001193125-23-065940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158449/000119312523065940/d458667d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-065940

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