Penske Automotive Group, Inc. 3.75% 15-JUN-2029Penske Automotive Group, Inc. 3.75% 15-JUN-2029Penske Automotive Group, Inc. 3.75% 15-JUN-2029

Penske Automotive Group, Inc. 3.75% 15-JUN-2029

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.75% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.23%
Maturity date
Jun 15, 2029
Term to maturity
4 years

About Penske Automotive Group, Inc. 3.75% 15-JUN-2029


Sector
Retail Trade
Industry
Specialty Stores
Issue date
Jun 15, 2021
FIGI
BBG0116YS139
Penske Automotive Group, Inc. is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment includes retail automotive dealership operations. The Retail Commercial Truck segment includes the dealership operations of commercial trucks in the U.S. and Canada. The Other segment focuses on the commercial vehicle and power systems distribution operation, and other non-automotive consolidated operations. The Non-Automotive Investments segment includes equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.
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