Dorman Products Inc. (NASDAQ: DORM) announced it priced a private offering of $450 million in senior notes due 2034 at a 6.25% interest rate and issue price of 100%.

The motor vehicle aftermarket supplier expects the sale to close June 16, 2026, subject to customary closing conditions. The notes will be guaranteed by Dorman's existing and future wholly-owned domestic subsidiaries that serve as guarantors under its credit agreement, with certain exceptions.

The company plans to use net proceeds to repay existing credit facility debt and for general corporate purposes with any remaining funds.

The offering targets qualified institutional buyers under Rule 144A and certain non-U.S. persons through Regulation S transactions. The notes are not registered under the Securities Act of 1933 and cannot be offered or sold in the United States without registration or applicable exemptions.

Dorman supplies aftermarket replacement products for motor vehicles and has operated for over 100 years from its Pennsylvania headquarters.