GROUP 1 AUTOMOTIVE INC 8K

Group 1 Automotive outlined its pending acquisition of Hennessy dealerships in Atlanta and the related $1.25 billion Senior Notes financing to fund the purchase price.

Group 1 Automotive, Inc. filed an exhibit to an offering memorandum describing a pending acquisition of substantially all of the assets of Hennessy Automobile Companies, Inc. and affiliated entities, including 10 automobile dealerships and one collision center in the greater Atlanta, Georgia market, and indicating that the transaction, together with the company’s concurrent $1.25 billion Senior Notes offering and use of proceeds (plus cash on hand) to fund the purchase price, constitutes the key set of “Transactions,” supported by selected historical financial data for Hennessy and definitions of certain non-GAAP financial metrics.

Filing Facts

CIK

1031203

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-384390

Alert Tier

8