secwatch.observer — SEC 8-K summary
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Issuer:     AUTONATION, INC. (AN)
CIK:        0000350698
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001193125-25-033444
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AutoNation issues $500M of 5.890% Senior Notes due 2035
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- Principal amount $500M, interest rate 5.890%, maturity March 15, 2035.
- Issued at 99.995% of par, yielding 5.890% to maturity.
- Joint book-running managers: BofA, J.P. Morgan, Mizuho, Truist, Wells Fargo.
- Notes are structurally subordinated to subsidiary liabilities; not guaranteed by subsidiaries.
- Indenture contains customary covenants limiting liens, sale-leaseback, and mergers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350698/000119312525033444/0001193125-25-033444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350698/000119312525033444/d905261d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-033444

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