Dealership group
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Target of the acquisition
Group 1 Automotive, a Fortune 250 car retailer with 249 dealerships in the U.S. and U.K., closed a $1.25 billion senior notes offering on September 22. The placement splits into $625 million of 6.250% notes due 2032 and $625 million of 6.625% notes due 2035, with net proceeds of about $1.236 billion after fees.
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