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Lithia Motors Prices $600 Million Senior Notes Due 2030, Exceeding Initial Plan

Published on: 04 October 2025

Lithia Motors Prices $600 Million Senior Notes Due 2030, Exceeding Initial Plan

Lithia Motors, Inc. (NYSE:LAD) secures a spot on our list of the 20 NYSE Stocks with the Lowest P/E Ratios.

Lithia Motors, Inc. (LAD) Prices $600 Million in 5.500% Senior Notes Due 2030

On September 3, 2025, Lithia Motors, Inc. (NYSE:LAD) announced that it had priced $600 million in 5.500% senior notes due 2030, a $100 million increase from its originally planned offering.

Lithia Motors, Inc. (NYSE:LAD) will use the funds from the private offering to repay part of its revolving credit borrowing, which can later be reborrowed for acquisitions and working capital. This move aligns with the company’s ongoing capital strategy, which includes 16 consecutive years of dividend payments and a recent boost of its share repurchase authorization by $750 million to $1.08 billion.

Lithia Motors, Inc. (NYSE:LAD), the largest automotive retailer, serves customers through physical dealerships, e-commerce platforms, and captive finance solutions.

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READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

Disclosure: None.

[SRC] https://finance.yahoo.com/news/lithia-motors-inc-lad-prices-004003799.html

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