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News 2026-09-28 11:07 UTC

Weekly Recap: 1.25B notes for Hennessy and $190.34M secured loan

Group 1 Automotive, Inc. (NYSE:GPI) raised $1.25B via senior unsecured notes (two tranches due 2032/2035) to finance the Hennessy dealership and real estate purchase and may use proceeds to repay its revolver, while also securing a $190.34M mortgage-backed term loan from BofA due 2033.Previous Week…