(NYSE:LAD) MEDFORD, Ore., Sept. 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced that it intends to offer $500 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration...
Related Questions
How will the $500 million senior notes issuance affect LAD's leverage and credit metrics?
What are the coupon rate, pricing terms, and call features of the 2030 notes, and how do they compare to current market rates?
What is the intended use of proceeds, and how might the capital raise impact liquidity, dividend policy, and future growth initiatives?