AutoZone sells $500 million of 5.125% notes due 2030
AutoZone completed the sale of $500 million of 5.125% senior unsecured notes due June 15, 2030, under an underwriting agreement dated April 10, 2025. The filing adds a new direct financial obligation of that amount, with semi-annual interest payments beginning December 15, 2025.
- Principal amount: $500,000,000 of 5.125% Notes due 2030, sold to underwriters led by BofA Securities, J.P. Morgan, U.S. Bancorp Investments and Wells Fargo Securities
- Sale completed April 14, 2025; interest payable June 15 and December 15, starting December 15, 2025
- Notes are senior unsecured, carry covenants on liens, sale and leaseback transactions and mergers, and are redeemable by the company before maturity