Lithia Motors, Inc. 3.875% 01-JUN-2029Lithia Motors, Inc. 3.875% 01-JUN-2029Lithia Motors, Inc. 3.875% 01-JUN-2029

Lithia Motors, Inc. 3.875% 01-JUN-2029

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LAD5188207 analysis



Key facts


Issue date
May 27, 2021
Maturity date
Jun 1, 2029
Outstanding amount
‪800.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.88% (Fixed)
Yield to maturity
6.40%
Lithia Motors, Inc. engages in the operation of automotive franchises and retail of new and used vehicles. It operates through the following segments: Domestic, Import and Luxury. The Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors, and Ford. The Import segment consists of automotive franchises that sell new vehicles manufactured by Honda, Toyota, Subaru, Nissan, and Volkswagen. The Luxury segment includes retail automotive franchises that sell new vehicles manufactured by BMW, Mercedes-Benz, and Lexus. The company was founded by Walt DeBoer and Sidney B. DeBoer in 1946 and is headquartered in Medford, OR.
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