Sonic Automotive, Inc., founded in 1997 and headquartered in Charlotte, North Carolina, is a leading automotive retailer dedicated to providing innovative vehicle sales and services. The company operates a robust network of dealerships offering both new and used vehicles across various brands, alongside comprehensive automotive services including financing, maintenance, and repair.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SAH 4.63% 2029-11-15 USDSonic Automotive, Inc. | United States | 2029-11-15 | 4.625 | 5.08 |
| SAH 4.63% 2029-11-15 USDSonic Automotive, Inc. | United States | 2029-11-15 | 4.625 | 5.10 |
| SAH 4.88% 2031-11-15 USDSonic Automotive, Inc. | United States | 2031-11-15 | 4.875 | 5.56 |
| SAH 4.88% 2031-11-15 USDSonic Automotive, Inc. | United States | 2031-11-15 | 4.875 | 5.60 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sonic Automotive has strategically engaged in bond issuances to support its growth and acquisitions. Notably, the company entered the bond market in 2000, with significant issuances following in 2010 and 2020 to refinance existing debt and fund expansion initiatives. Currently, Sonic's bonds yield in line with industry averages, demonstrating a solid standing in the capital markets. The company’s recent bond offerings have included features like call provisions, allowing for increased flexibility in managing debt as market conditions evolve.