O’Reilly Auto Raises $850 Million in New Notes

robot
Abstract generation in progress

O’Reilly Automotive (ORLY) has issued $850 million in 5.100% senior unsecured notes due March 12, 2036, providing long-term funding for the company with standard creditor protections. An analyst rating on ORLY stock is currently a Buy with a $109.00 price target, though Spark, TipRanks’ AI Analyst, gives ORLY a Neutral rating due to strong operating profitability and positive cash generation balanced by significant balance sheet leverage and rich valuation. ORLY is a retailer and distributor of automotive aftermarket parts with a current market cap of $79.14 billion.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin