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Prospect News home > News index > List of issuers A > Headlines for AutoNation, Inc. > News item
Published on 9/16/2015 in the Prospect News Investment Grade Daily.

AutoNation intends to price senior notes in two tranches

By Aleesia Forni

Virginia Beach, Sept. 16 – AutoNation Inc. is planning to price senior notes in two tranches, according to a 424B5 filed with the Securities and Exchange Commission.

BofA Merrill Lynch, J.P. Morgan Securities LLC, Wells Fargo Securities LLC and SunTrust Robinson Humphrey Inc. are the bookrunners.

Proceeds will be used to reduce borrowings under a revolving credit facility and for general corporate purposes.

The automotive retailer is based in Fort Lauderdale.


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