AutoNation Inc., founded in 1996 and headquartered in Fort Lauderdale, Florida, is the largest automotive retailer in the United States, focused on providing a seamless car-buying experience. The company offers new and used vehicles, as well as automotive repair and maintenance services, through an extensive network of dealerships across the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AN 1.95% 2028-08-01 USDAutonation Inc. | United States | 2028-08-01 | 1.950 | 4.16 |
| AN 2.40% 2031-08-01 USDAutonation Inc. | United States | 2031-08-01 | 2.400 | 4.77 |
| AN 3.80% 2027-11-15 USDAutonation Inc. | United States | 2027-11-15 | 3.800 | 4.24 |
| AN 3.85% 2032-03-01 USDAutonation Inc. | United States | 2032-03-01 | 3.850 | 4.95 |
| AN 4.50% 2025-10-01 USDAutonation Inc. | United States | 2025-10-01 | 4.500 | 4.85 |
| AN 4.75% 2030-06-01 USDAutonation Inc. | United States | 2030-06-01 | 4.750 | 4.52 |
| AN 5.89% 2035-03-15 USDAutonation Inc. | United States | 2035-03-15 | 5.890 | 5.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AutoNation has a history of bond issuances that supports its growth and operational needs, starting with its initial public offerings in the late 1990s. Notably, the company issued $400 million in senior secured notes in 2021, which were used to refinance existing debt and fund strategic acquisitions. Currently, AutoNation's bonds yield approximately 3.5%, aligning closely with the automotive retail industry average, reflecting its solid credit profile and ongoing financial stability. Special features of recent issuances include call options that provide flexibility for future refinancing activities, allowing the company to respond dynamically to market conditions.