Lithia Motors, Inc. 3.875% 01-JUN-2029Lithia Motors, Inc. 3.875% 01-JUN-2029Lithia Motors, Inc. 3.875% 01-JUN-2029

Lithia Motors, Inc. 3.875% 01-JUN-2029

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Key terms


Outstanding amount
‪800.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.43%
Maturity date
Jun 1, 2029
Term to maturity
3 years

About Lithia Motors, Inc. 3.875% 01-JUN-2029


Sector
Retail Trade
Industry
Specialty Stores
Issue date
May 27, 2021
FIGI
BBG0113MDVW6
Lithia Motors, Inc. is a global automotive retailer providing a wide array of products and services throughout the vehicle ownership lifecycle. In addition to retailing new and used vehicles, the company offerings include comprehensive fleet management services, captive finance solutions, and other synergistic adjacencies. It operates through the Vehicle Operations and Financing Operations segments. The Vehicle Operations segment consists of auto merchandising and service operations, including retail automotive, recreational vehicles, and motorcycle franchises that sell new vehicles, used vehicles, parts, repair and maintenance services, and vehicle F&I products. The Financing Operations segment provides financing to customers buying and leasing retail vehicles. The company was founded by Walt DeBoer and Sidney B. DeBoer in 1946 and is headquartered in Medford, OR.

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