On April 4, 2019, BB&T Capital Markets served as a co-manager for a two-tranche offering of $750 million senior notes due 2024 and 2029 by AutoZone.
Proceeds from the offering are being used to repay existing debt and for general corporate purposes.
About the company
AutoZone, Inc. (NYSE:AZO)
AutoZone is the nation’s leading retailer, and a leading distributor, of automotive replacement parts and accessories in the United States. They began operations in 1979 and at February 11, 2017, operated 5,346 AutoZone stores in the United States, including Puerto Rico; 491 in Mexico; nine in Brazil; and 26 Interamerican Motor Corporation, or “IMC,” branches. Each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. At February 11, 2017, in 4,437 of the Company’s domestic AutoZone stores; they also had a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations and public sector accounts.
Our focus and expertise across the entire aftermarket channel is a clear differentiator from other firms and enables us to identify opportunities and trends first.
Boss Industries, LLC
BB&T Capital Markets Serves as Exclusive Financial Advisor to Boss Industries, LLC in its Sale to Wynnchurch Capital
Axalta Coating Systems, Ltd.
Initial Public Offering
Syngin Technology, LLC
BB&T Capital Markets Serves As Exclusive Financial Advisor to Syngin Technology in its Majority Sale to Wallenius Wilhelmsen ASA
Advance Auto Parts
Revolving Credit Facility Participant
BB&T Capital Markets Serves As Exclusive Financial Advisor to The Penray Companies in Its Sale to PLZ Aeroscience
BB&T Capital Markets Serves As Exclusive Financial Advisor to TBC Corporation in Its Sale of SpeeDee Oil Change & Auto Service to Grease Monkey International
5.50% Senior Notes due 2026
5.00% Senior Notes due 2026
3.875% Senior Notes due 2024
O'Reilly Auto Parts
3.55% Senior Notes due 2026
1-800 Radiator & A/C/Driven Brands
BB&T Capital Markets Advises 1-800 Radiator & A/C in its Sale to Driven Brands
MSDP Group, LLC/Holley Performance Products Inc.
BB&T Capital Markets Serves as Financial Advisor to MSDP Group, a Portfolio Company of Z Capital Partners, in Its Sale to Lincolnshire Management
$300,000,000 3.35% Senior Notes due 2021
and $400,000,000 4.50% Senior Notes due 2025
Driven Performance Brands/Sentinel Capital Partners
BB&T Capital Markets Serves as Financial Advisor to Driven Performance Brands, a Portfolio Company of Dubin Clark & Company, in Its Sale to Sentinel Capital Partners
Arrowhead/The Riverside Company
BB&T Capital Markets serves as Financial Advisor to Arrowhead, a portfolio company of Pfingsten Partners, in its sale to The Riverside Company
Valvoline/Highlander Partners, L.P.
BB&T Capital Markets Serves as Exclusive Financial Advisor to Ashland Inc. in its Sale of Valvoline’s Car Care Products Assets to Highlander Partners, L.P.
Initial Public Offering
5.375% Senior Notes due 2024
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.