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Advance Auto Parts Inc announces closing of senior notes offering

Tuesday, 3 Dec 2013 05:00pm EST 

Advance Auto Parts Inc:Says closing of its Senior Unsecured Notes offering.Says the company completed the offering of $450 million in principal amount of 4.50% Senior Unsecured Notes due 2023 at an issue price of 99.690%.The proceeds of the offering are expected to be used to finance the recently announced acquisition of General Parts International, Inc. and for general corporate purposes.Says Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC acted as joint book-running managers of the debt offering. 

Company Quote

26 Jan 2015