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O'Reilly Automotive Announces Proposed Offering of $500 Million in Senior Notes
January 12, 2011
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By aftermarketNews staff
SPRINGFIELD, Mo. -- O'Reilly Automotive has announced plans to offer $500 million aggregate principal amount of its Senior Notes due 2021.

The company said it intends to use the net proceeds of the offering to repay all outstanding indebtedness under its existing asset-based revolving credit facility, pay fees and expenses related to the offering of the Notes and for general corporate purposes.