LKQ Corporation

€1,000,000,000
Aggregate Senior Notes
Co-Manager

Transaction summary

On March 22, 2018, BB&T Capital Markets served as a co-manager for an aggregate senior notes offering of €1.0 billion by LKQ Corporation and its subsidiary, LKQ European Holdings B.V.

Proceeds from the offering are being used for acquisition financing and general corporate purposes.

About the company

LKQ Corporation (NASDAQ: LKQ)

LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in North America, Europe, and Taiwan. The company distributes bumper covers, automotive body panels, and lights, as well as automotive glass products; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries. It also operates self-service retail operations under the LKQ Pick Your Part name. In addition, the company distributes recreational vehicle appliances and air conditioners, towing hitches, truck bed covers, vehicle protection products, cargo management products, wheels, tires, and suspension products. Further, it designs, manufactures, and markets vehicle equipment and accessories. It primarily serves collision and mechanical repair shops, and new and used car dealerships, as well as retail customers. LKQ Corporation was founded in 1998. LKQ European Holdings B.V. is a wholly owned subsidiary of LKQ Corporation.

Learn moreabout LKQ Corporation (opens in a new tab)

Diversified Industries

The Diversified Industries Team has significant transaction and advisory experience focused on coverage in a wide variety of sectors. 

Related transactions

UnitedHealth Group

$4,000,000,000
Five-Tranche Senior Notes Offering
Co-Manager

Trimble

$900,000,000
Two-Tranche Senior Notes Offering
Co-Manager

CDK Global

$500,000,000
5.875% Senior Notes due 2026
Senior Co-Manager

L3 Technologies, Inc.

$1,800,000,000
Two-Tranche Senior Notes Offering
Co-Manager

Republic Services, Inc.

$800,000,000
3.950% Senior Notes due 2028
Co-Manager

The Travelers Companies, Inc.

$500,000,000
4.050% Senior Notes due 2048
Co-Manager

Hisco

$58,950,000
Senior Credit Facility
Lead Arranger and Administrative Agent

Mayer Electric Supply

$200,000,000
Senior Credit Facility
Lead Arranger and Administrative Agent

Insight

$175,000,000
Term Loan
Co-Documentation Agent

PoolCorp

$750,000,000
Senior Credit Facility
Joint-Lead Arranger

Teledyne Technologies Incorporated

$100,000,000
Term Loan
Participant

Weyerhaeuser

$1,500,000,000
Revolving Credit Facility
Joint Lead Arranger

DR Horton

$1,275,000,000
Senior Credit Facility
Managing Agent

ICF

$600,000,000
Revolver
Documentation Agent

Sierra Nevada Corporation

$485,000,000
Revolver
Participant

Sensient

$495,000,000
Term Loan/Revolver
Participant

CIRCOR

$500,000,000
Term Loan/Revolver
Participant

Owen's & Minor, Inc.

$550,000,000
3.875% Senior Notes due 2021
4.375% Senior Notes due 2024
Co-Manager

BB&T Capital Markets is a division of BB&T Securities, LLC, a wholly owned nonbank subsidiary of BB&T Corporation and Member FINRA(opens in a new tab) / SIPC(opens in a new tab). Securities or insurance products and annuities sold, offered or recommended are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may go down in value. Corporate banking products are offered through Branch Banking & Trust Company. Read all disclosures.