Lithia & Driveway (LAD) Announces Upsizing And Pricing Of Senior Notes Offering
(NYSE:LAD) MEDFORD, Ore., Sept. 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) today announced the pricing of $600 million in aggregate principal amount of its 5.500% senior notes due 2030 (the "Notes") in a private offering (the "Private Offering"), which represents an increase of $100...
Related Questions
What effect will the $100 million increase in senior notes have on Lithia & Driveway's leverage and credit metrics?
How does the 5.5% yield on the 2030 notes compare to market rates for comparable issuances in the automotive retail sector?
What are the potential implications of this private debt offering for the company's growth initiatives and future equity returns?