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Advance Auto Parts Launches Senior Notes Offering

Advance said it intends to use the net proceeds from this offering for general corporate purposes.

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Advance Auto Parts has announced it is launching an offering of $500 million in aggregate principal amount of its Notes due 2030 in a private placement. Advance said it intends to use the net proceeds from this offering for general corporate purposes, which may include refinancing of certain existing indebtedness of Advance and its subsidiaries in one or more transactions.

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The Notes are being offered in a private placement transaction to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended, and outside the United States in accordance with Regulation S under the Securities Act. The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

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