Lithia Motors (LAD) Prices 3.18M Share Common Offering at $220/Sh

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Go back to Lithia Motors (LAD) Prices 3.18M Share Common Offering at $220/Sh

Lithia Motors (LAD) PT Raised to $300 at Craig-Hallum, Following Preliminary Earnings

September 30, 2020 2:43 PM EDT

Craig-Hallum analyst Ryan Sigdahl raised the price target on Lithia Motors (NYSE: LAD) to $300.00 (from $260.00) while maintaining a Buy rating.

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Lithia Motors (LAD) Announces Proposed Senior Notes Offering

September 29, 2020 4:08 PM EDT

Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior notes due 2031 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Lithia intends to use the net proceeds of the Private Offering for general corporate purposes, which may include financing possible acquisitions, repaying or refinancing debt,... More

Lithia Motors (LAD) Announces Proposed $700M Public Offering of Common Stock

September 29, 2020 4:07 PM EDT

Lithia Motors, Inc. (NYSE: LAD) today announced that we intend to offer, subject to market and other conditions, $700 million of shares of our Class A common stock (the common stock) in a public offering (the Offering). In addition, we intend to grant the underwriters a... More