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home / news releases / LAD - Lithia Motors & Driveway announces senior notes offering

LAD - Lithia Motors & Driveway announces senior notes offering

Lithia Motors Inc.
Lithia Motors & Driveway (LAD) to offer $500M in aggregate principal amount of senior notes due 2029 in a private offering.Company intends to use the net proceeds for general corporate purposes, which may include financing possible acquisitions, repaying or refinancing debt, working capital and capital expenditures.In addition, company concurrently announced intention to offer $1B of shares of our Class A common stock in a registered public offering.Press Release

For further details see:

Lithia Motors & Driveway announces senior notes offering
Stock Information
Company Name: Lithia Motors Inc.
Stock Symbol: LAD
Market: NYSE
Website: lithiainvestorrelations.com
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