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New bond issue: Penske Automotive issued international bonds (US70959WAJ27) with a 3.5% coupon for USD 550.0m maturing in 2025

August 05, 2020 | Cbonds

August 04, 2020 Penske Automotive issued international bonds (US70959WAJ27) with a 3.5% for USD 550.0m maturing in 2025. Bonds were sold at a price of 100%. Bookrunner: Bank of America Merrill Lynch, JP Morgan, Wells Fargo. Depository: Clearstream Banking S.A., DTCC, Euroclear Bank.

Issue: Penske Automotive, 3.5% 1sep2025, USD

StatusCountry of riskMaturity (option)AmountIssue ratings (M/S&P/F)
outstandingUSA09/01/2025550,000,000 USDBa3/B+/-

Company: Penske Automotive

Full company namePenske Automotive Group, Inc
Country of riskUSA
Country of registrationUSA
IndustryTrade and retail

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