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Sonic Automotive Reports Record Third Quarter Revenues and Earnings Per Share

Expected to add $3.2 billion in revenues on an annualized basis During the third quarter, Sonic repurchased 0.5 million shares of Class A Common Stock for an aggregate purchase price of $24.8 million In October, the Company amended its credit facilities to increase revolver and floor plan commitments from $1.8 billion to $2.95 billion, in addition to completing an upsized offering of $1.15 billion aggregate principal amount of unsecured senior notes due 2029 and 2031 at a blended rate of 4.73%, ...
North Carolina United States David Smith Heath Byrd Sonic Automotive Inc Auto Partners Inc

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