O'Reilly Automotive, Inc. Announces Pricing of $300 Million of Senior Notes due 2023
17 Junho 2013 - 5:58PM
O'Reilly Automotive, Inc. ("O'Reilly" or the "Company")
(Nasdaq:ORLY) announced today that it has priced its previously
announced offering of $300 million aggregate principal amount of
3.850% Senior Notes due 2023 (the "Notes") at a price to the public
of 99.992% of their face value. The Company anticipates that the
offering will close on or around June 20, 2013, subject to
customary closing conditions. The Company intends to use the net
proceeds of the offering for general corporate purposes, including
ordinary course working capital increases, repurchases of shares of
its common stock, repayment of debt and to invest in other business
opportunities, including acquisitions, and to pay related fees and
expenses.
A registration statement on Form S-3, File No. 333-189374,
relating to the Notes has been filed with the Securities and
Exchange Commission and became effective upon filing. Merrill
Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo
Securities, LLC are acting as joint book running managers for the
offering of the Notes. To obtain a copy of a prospectus for
this offering, please contact Merrill Lynch, Pierce, Fenner &
Smith Incorporated by calling toll-free at 1-800-294-1322 or
emailing dg.prospectus_requests@baml.com or Wells Fargo Securities,
LLC by calling toll-free at 1-800-326-5897 or emailing
cmClientsupport@wellsfargo.com.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities. Any offers of the
securities will be made only by means of a prospectus and any
prospectus supplements thereto.
About O'Reilly Automotive, Inc.
O'Reilly Automotive, Inc. is one of the largest specialty
retailers of automotive aftermarket parts, tools, supplies,
equipment and accessories in the United States, serving both the
do-it-yourself and professional service provider
markets. Founded in 1957 by the O'Reilly family, the Company
operated 4,041 stores in 42 states as of March 31, 2013.
Forward-Looking Statements
The Company claims the protection of the safe-harbor for
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify
these statements by forward-looking words such as "expect,"
"believe," "anticipate," "should," "plan," "intend," "estimate,"
"project," "will" or similar words. In addition, statements
contained within this press release that are not historical facts
are forward-looking statements, such as statements concerning the
offering of the Notes. These forward-looking statements are
based on estimates, projections, beliefs and assumptions and are
not guarantees of future events and results. Such statements
are subject to risks, uncertainties and assumptions, including, but
not limited to, the Company's ability to consummate the offering of
the Notes as described herein, competition, product demand, the
market for auto parts, the economy in general, inflation, consumer
debt levels, governmental regulations, the Company's increased debt
levels, credit ratings on the Company's public debt, the Company's
ability to hire and retain qualified employees, risks associated
with the performance of acquired businesses, weather, terrorist
activities, war and the threat of war. Actual results may
materially differ from anticipated results described or implied in
these forward-looking statements. Please refer to the "Risk
Factors" section of the annual report on Form 10-K for the year
ended December 31, 2012, for additional factors that could
materially affect the Company's financial
performance. Forward-looking statements speak only as of the
date they were made and the Company undertakes no obligation to
publicly update any forward-looking statements, whether as a result
of new information, future events or otherwise, except as required
by applicable law.
CONTACT: For further information contact:
O'Reilly Automotive, Inc.
Investor & Media Contact
Mark Merz (417) 829-5878
O Reilly Automotive (NASDAQ:ORLY)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
O Reilly Automotive (NASDAQ:ORLY)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024