UnitedAuto Announces Pricing of $325 Million of Senior Subordinated Notes.
Publication: Business Wire
Publication Date: 30-NOV-06
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BLOOMFIELD HILLS, Mich. -- United Auto Group, Inc. (NYSE: UAG), an international automotive retailer, today announced the pricing of $325 million aggregate principal amount of 7.75% senior subordinated notes due 2016 (the "Notes"). The Notes were offered to qualified institutional buyers in a private placement pursuant to Rule 144A of the Securities Act of 1933.
The Company intends to initially repay amounts currently outstanding under the Company's...
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