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Group 1 Automotive Announces Pricing of $550M Senior Notes Offering

Vinson & Elkins Advised Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, in connection with its private placement of $550 million in aggregate principal amount of its 4.000% senior unsecured notes due 2028. The offering closed on August 17, 2020.

The V&E team was led by partners Gillian Hobson and David Stone, with assistance from senior associate Andrew Schulte and associates Alex Lewis and Michael Pascual. Also advising were partner Wendy Salinas and associate Tanner McClellan; partner Shane Tucker and senior associate Melissa Spohn; and counsel Larry Pechacek.

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