---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-400088"
form_type: "8-K"
ticker: "GPI"
cik: "0001031203"
company_name: "GROUP 1 AUTOMOTIVE INC"
filed_at: "2026-09-24T10:01:37+00:00"
generated_at: "2026-09-24T10:05:14.690721+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Group 1 Auto's realty unit enters $190.3M secured term loan with BofA; SOFR+145bps

## Summary
- Borrower is Group 1 Realty, Inc.; loan is $190.3M, equal to 85% appraised value of mortgaged dealership properties.
- Interest accrues at Term SOFR plus 145 bps; principal due at maturity on Sept 23, 2033; no reborrowing after repayment.
- Proceeds used for general corporate purposes, including acquisition of additional properties; parent Group 1 and subsidiaries guarantee payment.
- Loan secured by mortgages on properties and related fixtures; covenants limit additional secured debt, liens, and asset transfers.
- Borrower may add properties as collateral and request advances during draw period per conditions in the agreement.

## SEC filing metadata
- accession: 0001193125-26-400088
- form_type: 8-K
- ticker: GPI
- cik: 0001031203
- company_name: GROUP 1 AUTOMOTIVE INC
- filed_at: 2026-09-24T10:01:37+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031203/000119312526400088/0001193125-26-400088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031203/000119312526400088/d505528d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-400088
- JSON: https://secwatch.observer/filing/0001193125-26-400088.json
- Plain text: https://secwatch.observer/filing/0001193125-26-400088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.