[8-K] ADVANCE AUTO PARTS INC Reports Material Event
On 24 Jul 2025, Advance Auto Parts (AAP) filed an 8-K announcing steps to launch a private placement of senior notes due 2030 and 2033.
Item 1.01 鈥� Material Definitive Agreement: The company executed Amendment No. 7 to its 9 Nov 2021 Credit Agreement with Bank of America and other lenders. The amendment expressly permits issuance of the new notes; full text is provided in Exhibit 10.1.
Item 7.01 鈥� Regulation FD: Excerpts from the preliminary offering memorandum (Exhibit 99.1) have been furnished鈥攏ot filed鈥攖o provide investors with high-level details of the proposed offering.
Item 8.01 鈥� Other Events: Exhibit 99.2 contains the press release formally announcing the contemplated notes offering. The filing clarifies that it is not an offer to sell securities under applicable laws.
No financial results, guidance or note sizing/pricing terms were disclosed. Investors should monitor final terms to gauge leverage and liquidity impact.
Il 24 luglio 2025, Advance Auto Parts (AAP) ha depositato un 8-K annunciando l'avvio di un collocamento privato di obbligazioni senior con scadenza 2030 e 2033.
Voce 1.01 鈥� Accordo Definitivo Materiale: La societ脿 ha sottoscritto la Modifica n. 7 al Contratto di Credito del 9 novembre 2021 con Bank of America e altri finanziatori. La modifica autorizza espressamente l鈥檈missione delle nuove obbligazioni; il testo completo 猫 disponibile come Allegato 10.1.
Voce 7.01 鈥� Regolamento FD: Sono stati forniti estratti del memorandum preliminare di offerta (Allegato 99.1) 鈥� non depositati 鈥� per fornire agli investitori informazioni di alto livello sull鈥檕fferta proposta.
Voce 8.01 鈥� Altri Eventi: L鈥橝llegato 99.2 contiene il comunicato stampa che annuncia formalmente l鈥檕fferta delle obbligazioni contemplate. Il deposito precisa che non si tratta di un鈥檕fferta di vendita di titoli ai sensi delle leggi vigenti.
Non sono stati divulgati risultati finanziari, previsioni o termini definitivi relativi a dimensioni e prezzi delle obbligazioni. Gli investitori dovrebbero seguire i termini finali per valutare l鈥檌mpatto su leva finanziaria e liquidit脿.
El 24 de julio de 2025, Advance Auto Parts (AAP) present贸 un 8-K anunciando pasos para lanzar una colocaci贸n privada de bonos senior con vencimientos en 2030 y 2033.
Art铆culo 1.01 鈥� Acuerdo Definitivo Material: La compa帽铆a firm贸 la Enmienda n.潞 7 a su Acuerdo de Cr茅dito del 9 de noviembre de 2021 con Bank of America y otros prestamistas. La enmienda permite expresamente la emisi贸n de los nuevos bonos; el texto completo se encuentra en el Anexo 10.1.
Art铆culo 7.01 鈥� Regulaci贸n FD: Se han proporcionado extractos del memorando preliminar de oferta (Anexo 99.1) 鈥� no presentados oficialmente 鈥� para brindar a los inversores detalles generales sobre la oferta propuesta.
Art铆culo 8.01 鈥� Otros Eventos: El Anexo 99.2 contiene el comunicado de prensa que anuncia formalmente la oferta de bonos contemplada. La presentaci贸n aclara que no es una oferta de venta de valores bajo las leyes aplicables.
No se divulgaron resultados financieros, pron贸sticos ni t茅rminos definitivos sobre tama帽o o precios de los bonos. Los inversores deben monitorear los t茅rminos finales para evaluar el impacto en apalancamiento y liquidez.
2025雲� 7鞗� 24鞚�, Advance Auto Parts(AAP)電� 毵岅赴鞚检澊 2030雲� 氚� 2033雲�鞚� 靹犾垳鞙� 毂勱秾鞚� 靷 氚滍枆鞚� 鞁滌瀾頃橂姅 鞝堨皑毳� 鞎岆Μ電� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟.
頃 1.01 鈥� 欷戨寑頃� 頇曥爼 瓿勳暯: 須岇偓電� 2021雲� 11鞗� 9鞚检瀽 Bank of America 氚� 旮绊儉 雽�於滉赴甏�瓿检潣 鞁犾毄瓿勳暯鞐� 雽�頃� 鞝�7彀� 靾橃爼鞎�鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 靾橃爼鞎堨潃 鞁犾眲甓� 氚滍枆鞚� 氇呾嫓鞝侅溂搿� 項堨毄頃橂┌, 鞝勳泊 雮挫毄鞚� 攵�靻嶌劀 10.1鞐� 鞝滉车霅╇媹雼�.
頃 7.01 鈥� 攴滌爼 FD: 鞓堧箘 瓿惦 靹る獏靹�(攵�靻嶌劀 99.1) 鞚茧秬臧� 鞝滌稖霅橃棃鞙茧倶 鞝曥嫕 鞝滌稖鞚� 鞎勲媹氅�, 韴瀽鞛愳棎瓴� 鞝滌晥霅� 瓿惦鞐� 雽�頃� 臧滊灥鞝侅澑 鞝曤炒毳� 鞝滉车頃╇媹雼�.
頃 8.01 鈥� 旮绊儉 靷贝: 攵�靻嶌劀 99.2鞐愲姅 瓿勴殟霅� 毂勱秾 瓿惦毳� 瓿奠嫕 氚滍憸頃橂姅 氤措弰鞛愲臧� 韽暔霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 頃措嫻 氩曤靸� 歃濌秾 韺愲Г 鞝滌晥鞚� 鞎勲嫎鞚� 氇呿檿頌� 頃╇媹雼�.
鞛鞁れ爜, 鞝勲 霕愲姅 毂勱秾 攴滊 氚� 臧�瓴� 臁瓣贝鞚� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�. 韴瀽鞛愲摛鞚� 霠堧矂毽 氚� 鞙犽彊靹� 鞓來枼 韽夑皜毳� 鞙勴暣 斓滌 臁瓣贝鞚� 欤检嫓頃挫暭 頃╇媹雼�.
Le 24 juillet 2025, Advance Auto Parts (AAP) a d茅pos茅 un 8-K annon莽ant des d茅marches pour lancer un placement priv茅 d鈥檕bligations senior arrivant 脿 茅ch茅ance en 2030 et 2033.
Point 1.01 鈥� Accord d茅finitif important : La soci茅t茅 a sign茅 l鈥�avenant n掳 7 脿 son accord de cr茅dit du 9 novembre 2021 avec Bank of America et d鈥檃utres pr锚teurs. L鈥檃venant autorise express茅ment l鈥櫭﹎ission des nouvelles obligations ; le texte int茅gral est fourni en Annexe 10.1.
Point 7.01 鈥� R猫glement FD : Des extraits du m茅morandum pr茅liminaire d鈥檕ffre (Annexe 99.1) ont 茅t茅 fournis 鈥� non d茅pos茅s 鈥� afin d鈥檕ffrir aux investisseurs des informations de haut niveau sur l鈥檕ffre propos茅e.
Point 8.01 鈥� Autres 茅v茅nements : L鈥橝nnexe 99.2 contient le communiqu茅 de presse annon莽ant officiellement l鈥檕ffre envisag茅e d鈥檕bligations. Le d茅p么t pr茅cise qu鈥檌l ne s鈥檃git pas d鈥檜ne offre de vente de titres au regard des lois applicables.
Aucun r茅sultat financier, pr茅vision ou d茅tail final sur la taille ou le prix des obligations n鈥檃 茅t茅 divulgu茅. Les investisseurs doivent suivre les conditions finales pour 茅valuer l鈥檌mpact sur l鈥檈ndettement et la liquidit茅.
Am 24. Juli 2025 reichte Advance Auto Parts (AAP) ein 8-K ein, in dem Schritte zur Durchf眉hrung einer Privatplatzierung von Senior Notes mit F盲lligkeiten in 2030 und 2033 angek眉ndigt wurden.
Punkt 1.01 鈥� Wesentlicher endg眉ltiger Vertrag: Das Unternehmen unterzeichnete die 脛nderung Nr. 7 zu seinem Kreditvertrag vom 9. November 2021 mit der Bank of America und weiteren Kreditgebern. Die 脛nderung erlaubt ausdr眉cklich die Ausgabe der neuen Notes; der vollst盲ndige Text ist in Anlage 10.1 enthalten.
Punkt 7.01 鈥� Regulation FD: Ausz眉ge aus dem vorl盲ufigen Angebotsmemorandum (Anlage 99.1) wurden bereitgestellt 鈥� nicht eingereicht 鈥�, um Investoren einen 脺berblick 眉ber das geplante Angebot zu geben.
Punkt 8.01 鈥� Sonstige Ereignisse: Anlage 99.2 enth盲lt die Pressemitteilung, die das beabsichtigte Notes-Angebot offiziell ank眉ndigt. Die Einreichung stellt klar, dass es sich nicht um ein Angebot zum Verkauf von Wertpapieren gem盲脽 geltendem Recht handelt.
Es wurden keine Finanzergebnisse, Prognosen oder endg眉ltige Angaben zu Umfang und Preis der Notes ver枚ffentlicht. Investoren sollten die endg眉ltigen Bedingungen beobachten, um Auswirkungen auf Verschuldung und Liquidit盲t einsch盲tzen zu k枚nnen.
- Amendment No. 7 expands financing flexibility by explicitly permitting issuance of new senior notes, potentially bolstering liquidity.
- The contemplated senior notes will add incremental debt, likely increasing leverage and future interest expense once issued.
Insights
TL;DR: Amendment authorizes 2030/2033 notes, improving funding flexibility; leverage impact unknown鈥攅vent currently neutral for credit profile.
Assessment: Allowing new senior notes signals ready access to debt markets and preserves revolver capacity, a modest positive for near-term liquidity. However, without disclosed amounts, coupons, or use-of-proceeds, the action could equally heighten leverage and interest burden. As the furnished memorandum is preliminary and the transaction is private, material credit metrics remain unchanged today. Overall impact is contingent on final deal terms.
Il 24 luglio 2025, Advance Auto Parts (AAP) ha depositato un 8-K annunciando l'avvio di un collocamento privato di obbligazioni senior con scadenza 2030 e 2033.
Voce 1.01 鈥� Accordo Definitivo Materiale: La societ脿 ha sottoscritto la Modifica n. 7 al Contratto di Credito del 9 novembre 2021 con Bank of America e altri finanziatori. La modifica autorizza espressamente l鈥檈missione delle nuove obbligazioni; il testo completo 猫 disponibile come Allegato 10.1.
Voce 7.01 鈥� Regolamento FD: Sono stati forniti estratti del memorandum preliminare di offerta (Allegato 99.1) 鈥� non depositati 鈥� per fornire agli investitori informazioni di alto livello sull鈥檕fferta proposta.
Voce 8.01 鈥� Altri Eventi: L鈥橝llegato 99.2 contiene il comunicato stampa che annuncia formalmente l鈥檕fferta delle obbligazioni contemplate. Il deposito precisa che non si tratta di un鈥檕fferta di vendita di titoli ai sensi delle leggi vigenti.
Non sono stati divulgati risultati finanziari, previsioni o termini definitivi relativi a dimensioni e prezzi delle obbligazioni. Gli investitori dovrebbero seguire i termini finali per valutare l鈥檌mpatto su leva finanziaria e liquidit脿.
El 24 de julio de 2025, Advance Auto Parts (AAP) present贸 un 8-K anunciando pasos para lanzar una colocaci贸n privada de bonos senior con vencimientos en 2030 y 2033.
Art铆culo 1.01 鈥� Acuerdo Definitivo Material: La compa帽铆a firm贸 la Enmienda n.潞 7 a su Acuerdo de Cr茅dito del 9 de noviembre de 2021 con Bank of America y otros prestamistas. La enmienda permite expresamente la emisi贸n de los nuevos bonos; el texto completo se encuentra en el Anexo 10.1.
Art铆culo 7.01 鈥� Regulaci贸n FD: Se han proporcionado extractos del memorando preliminar de oferta (Anexo 99.1) 鈥� no presentados oficialmente 鈥� para brindar a los inversores detalles generales sobre la oferta propuesta.
Art铆culo 8.01 鈥� Otros Eventos: El Anexo 99.2 contiene el comunicado de prensa que anuncia formalmente la oferta de bonos contemplada. La presentaci贸n aclara que no es una oferta de venta de valores bajo las leyes aplicables.
No se divulgaron resultados financieros, pron贸sticos ni t茅rminos definitivos sobre tama帽o o precios de los bonos. Los inversores deben monitorear los t茅rminos finales para evaluar el impacto en apalancamiento y liquidez.
2025雲� 7鞗� 24鞚�, Advance Auto Parts(AAP)電� 毵岅赴鞚检澊 2030雲� 氚� 2033雲�鞚� 靹犾垳鞙� 毂勱秾鞚� 靷 氚滍枆鞚� 鞁滌瀾頃橂姅 鞝堨皑毳� 鞎岆Μ電� 8-K 氤搓碃靹滊ゼ 鞝滌稖頄堨姷雼堧嫟.
頃 1.01 鈥� 欷戨寑頃� 頇曥爼 瓿勳暯: 須岇偓電� 2021雲� 11鞗� 9鞚检瀽 Bank of America 氚� 旮绊儉 雽�於滉赴甏�瓿检潣 鞁犾毄瓿勳暯鞐� 雽�頃� 鞝�7彀� 靾橃爼鞎�鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 靾橃爼鞎堨潃 鞁犾眲甓� 氚滍枆鞚� 氇呾嫓鞝侅溂搿� 項堨毄頃橂┌, 鞝勳泊 雮挫毄鞚� 攵�靻嶌劀 10.1鞐� 鞝滉车霅╇媹雼�.
頃 7.01 鈥� 攴滌爼 FD: 鞓堧箘 瓿惦 靹る獏靹�(攵�靻嶌劀 99.1) 鞚茧秬臧� 鞝滌稖霅橃棃鞙茧倶 鞝曥嫕 鞝滌稖鞚� 鞎勲媹氅�, 韴瀽鞛愳棎瓴� 鞝滌晥霅� 瓿惦鞐� 雽�頃� 臧滊灥鞝侅澑 鞝曤炒毳� 鞝滉车頃╇媹雼�.
頃 8.01 鈥� 旮绊儉 靷贝: 攵�靻嶌劀 99.2鞐愲姅 瓿勴殟霅� 毂勱秾 瓿惦毳� 瓿奠嫕 氚滍憸頃橂姅 氤措弰鞛愲臧� 韽暔霅橃柎 鞛堨姷雼堧嫟. 鞝滌稖靹滊電� 頃措嫻 氩曤靸� 歃濌秾 韺愲Г 鞝滌晥鞚� 鞎勲嫎鞚� 氇呿檿頌� 頃╇媹雼�.
鞛鞁れ爜, 鞝勲 霕愲姅 毂勱秾 攴滊 氚� 臧�瓴� 臁瓣贝鞚� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�. 韴瀽鞛愲摛鞚� 霠堧矂毽 氚� 鞙犽彊靹� 鞓來枼 韽夑皜毳� 鞙勴暣 斓滌 臁瓣贝鞚� 欤检嫓頃挫暭 頃╇媹雼�.
Le 24 juillet 2025, Advance Auto Parts (AAP) a d茅pos茅 un 8-K annon莽ant des d茅marches pour lancer un placement priv茅 d鈥檕bligations senior arrivant 脿 茅ch茅ance en 2030 et 2033.
Point 1.01 鈥� Accord d茅finitif important : La soci茅t茅 a sign茅 l鈥�avenant n掳 7 脿 son accord de cr茅dit du 9 novembre 2021 avec Bank of America et d鈥檃utres pr锚teurs. L鈥檃venant autorise express茅ment l鈥櫭﹎ission des nouvelles obligations ; le texte int茅gral est fourni en Annexe 10.1.
Point 7.01 鈥� R猫glement FD : Des extraits du m茅morandum pr茅liminaire d鈥檕ffre (Annexe 99.1) ont 茅t茅 fournis 鈥� non d茅pos茅s 鈥� afin d鈥檕ffrir aux investisseurs des informations de haut niveau sur l鈥檕ffre propos茅e.
Point 8.01 鈥� Autres 茅v茅nements : L鈥橝nnexe 99.2 contient le communiqu茅 de presse annon莽ant officiellement l鈥檕ffre envisag茅e d鈥檕bligations. Le d茅p么t pr茅cise qu鈥檌l ne s鈥檃git pas d鈥檜ne offre de vente de titres au regard des lois applicables.
Aucun r茅sultat financier, pr茅vision ou d茅tail final sur la taille ou le prix des obligations n鈥檃 茅t茅 divulgu茅. Les investisseurs doivent suivre les conditions finales pour 茅valuer l鈥檌mpact sur l鈥檈ndettement et la liquidit茅.
Am 24. Juli 2025 reichte Advance Auto Parts (AAP) ein 8-K ein, in dem Schritte zur Durchf眉hrung einer Privatplatzierung von Senior Notes mit F盲lligkeiten in 2030 und 2033 angek眉ndigt wurden.
Punkt 1.01 鈥� Wesentlicher endg眉ltiger Vertrag: Das Unternehmen unterzeichnete die 脛nderung Nr. 7 zu seinem Kreditvertrag vom 9. November 2021 mit der Bank of America und weiteren Kreditgebern. Die 脛nderung erlaubt ausdr眉cklich die Ausgabe der neuen Notes; der vollst盲ndige Text ist in Anlage 10.1 enthalten.
Punkt 7.01 鈥� Regulation FD: Ausz眉ge aus dem vorl盲ufigen Angebotsmemorandum (Anlage 99.1) wurden bereitgestellt 鈥� nicht eingereicht 鈥�, um Investoren einen 脺berblick 眉ber das geplante Angebot zu geben.
Punkt 8.01 鈥� Sonstige Ereignisse: Anlage 99.2 enth盲lt die Pressemitteilung, die das beabsichtigte Notes-Angebot offiziell ank眉ndigt. Die Einreichung stellt klar, dass es sich nicht um ein Angebot zum Verkauf von Wertpapieren gem盲脽 geltendem Recht handelt.
Es wurden keine Finanzergebnisse, Prognosen oder endg眉ltige Angaben zu Umfang und Preis der Notes ver枚ffentlicht. Investoren sollten die endg眉ltigen Bedingungen beobachten, um Auswirkungen auf Verschuldung und Liquidit盲t einsch盲tzen zu k枚nnen.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of principal executive offices) (Zip Code)
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Securities Registered Pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
INFORMATION TO BE INCLUDED IN THE REPORT
| Item 1.01 | Entry into a Material Definitive Agreement |
On July 24, 2025, Advance Auto Parts, Inc. (the “Company”) entered into Amendment No. 7 to the Credit Agreement (“Amendment No. 7”), dated November 9, 2021, by and among the Company, as Borrower, Advance Stores Company, Incorporated, as a Guarantor, the lenders party thereto, and Bank of America, N.A., as administrative agent. Amendment No. 7, among other things, permits the issuance of the Notes (as defined below).
The foregoing summary of the amendment is qualified by reference to the full text of Amendment No. 7, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
| Item 7.01 | Regulation FD Disclosure |
The Company is disclosing under Item 7.01 of this Current Report on Form 8-K the information contained in Exhibit 99.1, which information is incorporated by reference herein. The information contained in Exhibit 99.1 is excerpted from a preliminary offering memorandum that is being disseminated in connection with the Company’s private offering of senior notes due 2030 and 2033 (together, the “Notes”).
This Current Report on Form 8-K is not an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
| Item 8.01 | Other Events |
The Company is filing as Exhibit 99.2 hereto a press release issued on July 24, 2025 announcing the proposed private offering of the Notes. The contents of such press release are incorporated by reference in this Item 8.01.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit |
Exhibit Description | |
| 10.1 | Amendment No. 7 to the Credit Agreement, dated as of July 24, 2025. | |
| 99.1 | Excerpts from Preliminary Offering Memorandum. | |
| 99.2 | Press Release, dated July 24, 2025, issued by Advance Auto Parts, Inc. | |
| 101.1 | Pursuant to Rule 406 of Regulation S-T, the cover page to this Current Report on Form 8-K is formatted in Inline XBRL. | |
| 104.1 | Cover Page Interactive Data File (embedded within the Inline XBRL document included in Exhibit 101.1) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ADVANCE AUTO PARTS, INC. | ||||||
| July 24, 2025 | /s/ Ryan P. Grimsland | |||||
| Ryan P. Grimsland | ||||||
| Executive Vice President, Chief Financial Officer | ||||||
Source:
FAQ
What did Advance Auto Parts (AAP) disclose in its 8-K dated July 24 2025?
Why was Amendment No. 7 to AAP鈥檚 Credit Agreement necessary?
Are the new senior notes already priced or sized?
Does the filing constitute an offer to buy or sell the notes?
Where can investors find the full credit agreement amendment?
