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Prospect News home > News index > List of issuers S > Headlines for Sonic Automotive, Inc. > News item
Published on 12/2/2019 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Sonic Automotive to redeem 5% series B notes at 101.667 on Dec. 30

By Angela McDaniels

Tacoma, Wash., Dec. 2 – Sonic Automotive, Inc. will redeem all $289.3 million principal amount outstanding of its 5% senior subordinated notes due 2023, series B, on Dec. 30, according to an 8-K filing with the Securities and Exchange Commission.

The redemption price is 101.667 plus accrued interest, if any, to the redemption date.

Sonic is an automotive retailer based in Charlotte, N.C.


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