AutoZone, Inc. has completed the sale of $850 million in aggregate principal amount of its 4.950% Senior Notes, set to mature in 2031. These notes represent senior unsecured debt obligations of the company.
Key Details
- Offering Details: The company sold $850 million in aggregate principal amount of its 4.950% Senior Notes.
- Terms: The Notes carry a fixed interest rate of 4.950% per year, payable semi-annually on January 15 and July 15, with the first payment on January 15, 2027.
- Maturity & Status: The Notes will mature on July 15, 2031, and are classified as senior unsecured debt obligations, ranking equally with AutoZone's other senior unsecured liabilities.