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Published on 2/23/2024 in the Prospect News Bank Loan Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Fitch gives LKQ notes BBB-

Fitch Ratings said it rated LKQ Dutch Bond BV’s planned seven-year euro-denominated bonds BBB-. The issuer is a financing unit of LKQ Corp. The bonds will be guaranteed by LKQ and its domestic subsidiaries.

The agency rates LKQ and its senior unsecured debt at BBB-.

LKQ will use the proceeds to refinance debt.

The outlook is positive.


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