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Published on 8/30/2012 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

United Auto Group calls all $57.29 million of convertibles due 2016

By Tali David

Minneapolis, Aug. 30 - United Auto Group, Inc. called all $57,288,000 of its senior subordinated convertible notes due Dec. 15, 2016, according to a redemption notice.

The notes will be redeemed at 103.875 on Sept. 27.

Bank of New York Mellon Trust Co., NA is the agent.

United Auto is a Bloomfield Hills, Mich.-based automotive retailer.


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