LKQ Corp. (LKQ) said Monday that it plans to privately offer $500 million in aggregate principal amount of senior unsecured notes.
The notes will be fully and unconditionally guaranteed by certain of the company's subsidiaries.
The company said it plans to use the net proceeds from the offering to repay borrowings under its revolving credit facility, to pay related fees and expenses and for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.