Simpson Thacher Represents Underwriters in AutoNation $600 Million 4.450% Senior Notes Offering Due 2029

Simpson Thacher represented the underwriters, led by BofA Securities, Mizuho, Truist Securities, Wells Fargo Securities and US Bancorp, in connection with a registered offering by AutoNation, Inc. of $600 million aggregate principal amount of 4.450% Senior Notes due 2029. The offering consisted of $600 million aggregate principal amount of 4.450% Senior Notes due 2029 issued by AutoNation, Inc. The transaction was a registered public offering and involved the placement of the notes through the underwriters led by the firms listed above. AutoNation, through its subsidiaries, is one of the largest automotive retailers in the United States. As of September 30, 2025, it owned and operated 323 new vehicle franchises from 244 stores located in the United States, predominantly in major metropolitan markets in the Sunbelt region. Its stores sell 30 different new vehicle brands. The core brands of new vehicles that AutoNation sells are manufactured by Toyota (including Lexus), Honda, Ford, General Motors, BMW, Mercedes-Benz, Stellantis and Volkswagen (including Audi and Porsche). AutoNation also owns and operates 52 AutoNation-branded collision centers, 26 AutoNation USA used vehicle stores, four AutoNation-branded automotive auction operations, three parts distribution centers, a mobile automotive repair and maintenance business, and an auto finance company. Simpson Thacher represented the underwriters in the transaction with a team composed by: Mark Brod, Ben Pittenger, Mike Tremeski and Marlena Choupo (Capital Markets); Jonathan Cantor (Tax); J. Pasco Struhs (Executive Compensation and Employee Benefits); Jennie Getsin (FINRA and Blue Sky); and Chandler Gerard-Reimer (Intellectual Property).

Simpson Thacher Represents Underwriters in AutoNation $600 Million 4.450% Senior Notes Offering Due 2029

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