Lithia Motors, Inc., founded in 1946 and headquartered in Medford, Oregon, is a leading automotive retailer in the United States, focused on delivering exceptional customer experiences through a vast network of dealerships. The company offers a wide range of new and used vehicles, as well as comprehensive financing and insurance services to its customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LAD 3.88% 2029-06-01 USDLithia Motors, Inc. | United States | 2029-06-01 | 3.875 | 5.09 |
| LAD 3.88% 2029-06-01 USDLithia Motors, Inc. | United States | 2029-06-01 | 3.875 | 5.16 |
| LAD 4.38% 2031-01-15 USDLithia Motors, Inc. | United States | 2031-01-15 | 4.375 | 5.30 |
| LAD 4.38% 2031-01-15 USDLithia Motors, Inc. | United States | 2031-01-15 | 4.375 | 5.34 |
| LAD 4.63% 2027-12-15 USDLithia Motors, Inc. | United States | 2027-12-15 | 4.625 | 4.98 |
| LAD 4.63% 2027-12-15 USDLithia Motors, Inc. | United States | 2027-12-15 | 4.625 | 5.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lithia Motors first began issuing bonds in 2016, with a notable issuance of $300 million in senior unsecured notes, aiming to refine its capital structure and fund strategic acquisitions. As of late 2023, the yields on Lithia's bonds are competitive with a typical range of corporate bonds in the automotive sector, reflecting investor confidence and strong market demand. Recent news highlighted Lithia's ability to secure an additional $500 million in bonds to support further expansion, underscoring its proactive approach in capital markets and commitment to shareholders.