Asbury Automotive Group Inc, founded in 1995 and headquartered in Duluth, Georgia, is a prominent automotive retailer dedicated to enhancing the car buying and ownership experience. The company operates a vast network of dealerships across the United States, representing a wide array of brands and offering services that include sales of new and used vehicles, financing solutions, and vehicle maintenance and repair services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ABG 4.50% 2028-03-01 USDAsbury Automotive Group Inc | United States | 2028-03-01 | 4.500 | 4.89 |
| ABG 4.63% 2029-11-15 USDAsbury Automotive Group Inc | United States | 2029-11-15 | 4.625 | 5.26 |
| ABG 4.63% 2029-11-15 USDAsbury Automotive Group Inc | United States | 2029-11-15 | 4.625 | 5.31 |
| ABG 4.75% 2030-03-01 USDAsbury Automotive Group Inc | United States | 2030-03-01 | 4.750 | 5.28 |
| ABG 4.75% 2030-03-01 USDAsbury Automotive Group Inc | United States | 2030-03-01 | 4.750 | 5.27 |
| ABG 4.75% 2030-03-01 USDAsbury Automotive Group Inc | United States | 2030-03-01 | 4.750 | 5.27 |
| ABG 5.00% 2032-02-15 USDAsbury Automotive Group Inc | United States | 2032-02-15 | 5.000 | 5.57 |
| ABG 5.00% 2032-02-15 USDAsbury Automotive Group Inc | United States | 2032-02-15 | 5.000 | 5.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Asbury Automotive Group began issuing bonds to support its financing needs, with significant issuances recorded over the years to fund acquisitions and expand its operations. Notably, in 2021, the company launched a $400 million bond offering to finance its strategic growth initiatives, achieving low yields that were competitive within the automotive retail sector. Asbury's bonds feature flexible terms and have garnered positive responses from investors, reflecting the company's strong market position and financial stability.