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Prospect News home > News index > List of issuers A > Headlines for AutoZone Inc. > News item
Published on 8/4/2020 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch gives AutoZone notes BBB

Fitch Ratings said it assigned a BBB rating to AutoZone, Inc.’s proposed senior unsecured notes offering of up to $600 million in 10-year unsecured notes. Fitch’s issuer rating for AutoZone is BBB.

Proceeds will be used for general corporate purposes, including the refinancing of AutoZone’s $500 million of 4% senior notes due in November.

The outlook is stable.


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