Advance Auto Parts intends to offer $500 million notes due 2030

By Devika Patel

Knoxville, Tenn., April 13 – Advance Auto Parts, Inc. plans to price a $500 million Rule 144A private offering of notes due 2030, according to a press release.

Proceeds will be used for general corporate purposes, including debt refinancing.

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

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