O'Reilly Automotive plans to sell $300 million 10-year senior notes

By Andrea Heisinger

New York, June 17 - O'Reilly Automotive, Inc. is in Monday's market with a $300 million offering of 10-year senior notes (Baa3/BBB/), according to a press release from the company.

BofA Merrill Lynch and Wells Fargo Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes.

The Springfield, Mo.-based auto parts retailer was last in the U.S. bond market with a $300 million offering of 3.8% 10-year notes sold at 200 basis points over Treasuries on Aug. 16, 2012.

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