Sonic Automotive, Inc. 5.0% 01-OCT-2029Sonic Automotive, Inc. 5.0% 01-OCT-2029Sonic Automotive, Inc. 5.0% 01-OCT-2029

Sonic Automotive, Inc. 5.0% 01-OCT-2029

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Overview
Analysis

Key terms


Outstanding amount
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
5.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Oct 1, 2029
Term to maturity
4 years

About Sonic Automotive, Inc. 5.0% 01-OCT-2029


Sector
Retail Trade
Industry
Specialty Stores
Issue date
Sep 23, 2009
FIGI
BBG0000PHB00
Sonic Automotive, Inc. operates as a automotive retailer. Its services include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, warranty, paint and repair services and arrangement of extended service contracts, financing, insurance, vehicle protection products and other aftermarket products for automotive customers. The firm operates through the following segments: Franchised Dealerships and EchoPark. The Franchised Dealerships segment provides comprehensive services, which include sales of both new and used cars and light trucks, sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services. The EchoPark segment sales used cars and light trucks. The company was founded by Ollen Bruton Smith and Bryan Scott Smith in January 1997 and is headquartered in Charlotte, NC.