Advance Auto Parts repays full $500 million drawn on revolver

By Wendy Van Sickle

Columbus, Ohio, June 1 – Advance Auto Parts, Inc. repaid on Monday the $500 million that it borrowed under its $1 billion revolving credit facility on March 17, according to an 8-K filing with the Securities and Exchange Commission.

As a result, the full amount of the revolver is available.

Advance Auto is a Roanoke, Va.-based specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items.

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