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|AutoNation Announces Pricing of $750 Million Aggregate Principal Amount of Senior Notes|
The Company intends to use the net proceeds from the offering of the notes to reduce borrowings under the Company's existing commercial paper program and/or revolving credit facility and for general corporate purposes.
The offering is being made solely by means of a prospectus supplement and accompanying prospectus, which has been filed with the
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company, and shall not constitute an offer, solicitation or sale in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as "anticipates," "expects," "intends," "goals," "plans," "believes," "continues," "may," "will," "could," and variations of such words and similar expressions are intended to identify such forward-looking statements. Statements that describe our objectives, goals or plans are forward-looking statements. Our forward-looking statements reflect our current expectations concerning future results and events, and they involve known and unknown risks, uncertainties and other factors that are difficult to predict and may cause our actual results, performance or achievements to be materially different from any future results, performance and achievements expressed or implied by these statements. These risks, uncertainties and other factors include, among others: economic conditions generally; conditions in the credit markets and changes in interest rates; the current market demand for these types of securities and the securities of the Company; our ability to consummate the offering; and other factors described in our news releases and filings made under the securities laws, including, among others, our Annual Reports on Form 10-K, our Quarterly Reports on Form 10-Q and our Current Reports on Form 8-K. Forward-looking statements contained in this news release speak only as of the date of this news release, and we undertake no obligation to update these forward-looking statements to reflect subsequent events or circumstances.
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Marc Cannon, (954) 769-3146, email@example.com; or Investor contacts: Andrew Wamser, (954) 769-7023, firstname.lastname@example.org; or Robert Quartaro, (954) 769-7342, email@example.com
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