Group 1 Automotive announces $500M senior notes offering due 2030

GROUP 1 AUTOMOTIVE INC

Offers $500M in senior unsecured notes due 2030 in a private offering exempt from SEC registration.
Net proceeds to repay borrowings under revolving credit facility and for general corporate purposes.
Offering memorandum references pending Inchcape Acquisition of 54 UK dealerships from Inchcape plc.
Notes offered to QIBs under Rule 144A and to non-U.S. persons under Regulation S.

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