Advance Auto Parts Inc, founded in 1932 and headquartered in Roanoke, Virginia, is a prominent retailer of automotive parts and accessories, aimed at providing both professional installers and DIY customers with quality auto care solutions. The company offers an extensive range of products including replacement parts, batteries, and performance products, encompassing well-known brands and private label offerings.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AAP 1.75% 2027-10-01 USDAdvance Auto Parts Inc | United States | 2027-10-01 | 1.750 | 4.54 |
| AAP 3.50% 2032-03-15 USDAdvance Auto Parts Inc | United States | 2032-03-15 | 3.500 | 5.78 |
| AAP 3.90% 2030-04-15 USDAdvance Auto Parts Inc | United States | 2030-04-15 | 3.900 | 5.77 |
| AAP 3.90% 2030-04-15 USDAdvance Auto Parts Inc | United States | 2030-04-15 | 3.900 | 5.69 |
| AAP 3.90% 2030-04-15 USDAdvance Auto Parts Inc | United States | 2030-04-15 | 3.900 | 5.69 |
| AAP 5.90% 2026-03-09 USDAdvance Auto Parts Inc | United States | 2026-03-09 | 5.900 | 5.45 |
| AAP 5.95% 2028-03-09 USDAdvance Auto Parts Inc | United States | 2028-03-09 | 5.950 | 4.48 |
| AAP 7.00% 2030-08-01 USDAdvance Auto Parts Inc | United States | 2030-08-01 | 7.000 | 6.34 |
| AAP 7.00% 2030-08-01 USDAdvance Auto Parts Inc | United States | 2030-08-01 | 7.000 | 6.32 |
| AAP 7.38% 2033-08-01 USDAdvance Auto Parts Inc | United States | 2033-08-01 | 7.375 | 6.91 |
| AAP 7.38% 2033-08-01 USDAdvance Auto Parts Inc | United States | 2033-08-01 | 7.375 | 6.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Advance Auto Parts has a history of bond issuances dating back to the early 2000s to support its growth and acquisitions. Notable issuances include a $500 million senior unsecured note in 2020 with a yield of 4.125%, reflecting favorable terms in comparison to industry averages amid a low-interest-rate environment. The company has also utilized its bond proceeds for strategic initiatives, such as the acquisition of Carquest in 2014, which significantly expanded its market presence. Recent market movements indicate a commitment to maintaining solid credit ratings while sustaining competitive bond yields amid industry fluctuations.