Group 1 prices $1.25B senior notes offering to fund Hennessy acquisition

GROUP 1 AUTOMOTIVE INC

$625M 6.250% notes due 2032 and $625M 6.625% notes due 2035 priced at par; closing expected Sept 22, 2026.
Net proceeds ~$1.236B to fund Hennessy Automobile Companies dealership acquisition and related fees.
If Hennessy deal not closed by Jan 6, 2027 (or extended date), company must redeem 2032 notes at 100% plus accrued interest.
Pending Hennessy closing, proceeds will repay revolving credit facility borrowings, to be reborrowed at closing.
Notes offered under Rule 144A/Reg S; unregistered private placement.

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