O’Reilly Automotive intends to pay down credit facility with new notes

Chicago, June 6 – O’Reilly Automotive Inc. plans to use a new debt offering to pay down its credit facility, according to a 424B5 filing with the Securities and Exchange Commission.

Any remaining proceeds from the offering of a single tranche of notes will be used for general corporate purposes, the company said.

The Springfield, Mo.-based company is an aftermarket auto parts retailer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.