O'Reilly (ORLY) to Offer $300M of Senior Notes
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O'Reilly Automotive, Inc. (Nasdaq: ORLY), plans to offer $300 million aggregate principal amount of its Senior Notes due 2021.
O'Reilly intends to use the net proceeds of the offering for general corporate purposes, including share repurchases, to repay borrowings outstanding from time to time under its credit facility and to pay related fees and expenses.
O'Reilly intends to use the net proceeds of the offering for general corporate purposes, including share repurchases, to repay borrowings outstanding from time to time under its credit facility and to pay related fees and expenses.
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