AutoNation closes $600 million sale of 4.450% senior notes due 2029
AutoNation closed the sale of $600 million in 4.450% senior notes maturing January 15, 2029, issued at 99.846% of principal with a 4.499% yield to maturity. The notes are not guaranteed by subsidiaries and are structurally subordinated to their liabilities, which adds new debt ahead of shareholders' claims.
Key points
- Principal amount: $600 million of 4.450% senior notes due January 15, 2029, closed November 14, 2025
- Issue price 99.846% of principal, yield to maturity 4.499%
- Interest payable January 15 and July 15 each year, starting July 15, 2026
- Notes are not guaranteed by subsidiaries; indenture limits liens, sale and leaseback transactions, and mergers or asset transfers
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.