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Advance Auto Parts completed a $1.92 billion offering of senior notes, consisting of $975 million due in 2030 and $975…

AAPAdvance Auto Parts Inc

Advance Auto Parts completed a $1.92 billion offering of senior notes, consisting of $975 million due in 2030 and $975 million due in 2033. The company intends to use the proceeds to redeem $300 million of existing debt and to support a new $2.5 billion asset-based revolving credit facility. This transaction allows the company to restructure its debt profile while significantly expanding its available liquidity and credit capacity.

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