Genuine Parts to conduct offering of notes via four bookrunners

By Devika Patel

Knoxville, Tenn., Oct. 27 – Genuine Parts Co. intends to offer fixed-rate notes, according a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

J.P. Morgan Securities LLC, BofA Securities Inc., PNC Capital Markets LLC and Truist Securities Inc. are the bookrunners.

Proceeds will be used to repay debt under the company’s credit facilities.

Atlanta-based Genuine Parts distributes automotive replacement parts.

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