Lkq corporation announces early redemption of €750 million 3.625% senior notes due 2026

Chicago, march 08, 2021 (globe newswire) -- lkq corporation (nasdaq: lkq) announced today that lkq european holdings b.v., a wholly-owned subsidiary of the company, (“lkq european holdings”) delivered a notice of early redemption to the holders of lkq european holding's €750 million 3.625% senior notes due 2026 (the “notes”). the notes and the redemption are governed by the indenture, dated as of april 9, 2018 (the "indenture"), among the company, lkq european holdings, certain of the company's subsidiaries, the trustee, and the paying agent, transfer agent and registrar. the redemption date is scheduled for april 1, 2021 (the "redemption date"), subject to the company having sufficient financing available on the redemption date to pay the redemption price. in accordance with the terms and conditions of the indenture, the notes will be redeemed at a redemption price equal to 101.813% of the principal amount of the notes plus accrued and unpaid interest thereon to, but not including, the redemption date. lkq european holding's €250 million senior notes due 2028, also governed by the indenture, will remain outstanding.
LKQ Ratings Summary
LKQ Quant Ranking