[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 – 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 – Regulation FD: Excerpts from the preliminary offering memorandum (Exhibit 99.1) have been furnished—not filed—to provide investors with high-level details of the proposed offering.
Item 8.01 – 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 – Accordo Definitivo Materiale: La società 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’emissione delle nuove obbligazioni; il testo completo è disponibile come Allegato 10.1.
Voce 7.01 – Regolamento FD: Sono stati forniti estratti del memorandum preliminare di offerta (Allegato 99.1) — non depositati — per fornire agli investitori informazioni di alto livello sull’offerta proposta.
Voce 8.01 – Altri Eventi: L’Allegato 99.2 contiene il comunicato stampa che annuncia formalmente l’offerta delle obbligazioni contemplate. Il deposito precisa che non si tratta di un’offerta 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’impatto su leva finanziaria e liquidità.
El 24 de julio de 2025, Advance Auto Parts (AAP) presentó un 8-K anunciando pasos para lanzar una colocación privada de bonos senior con vencimientos en 2030 y 2033.
Artículo 1.01 – Acuerdo Definitivo Material: La compañía firmó la Enmienda n.º 7 a su Acuerdo de Crédito del 9 de noviembre de 2021 con Bank of America y otros prestamistas. La enmienda permite expresamente la emisión de los nuevos bonos; el texto completo se encuentra en el Anexo 10.1.
Artículo 7.01 – Regulación FD: Se han proporcionado extractos del memorando preliminar de oferta (Anexo 99.1) — no presentados oficialmente — para brindar a los inversores detalles generales sobre la oferta propuesta.
Artículo 8.01 – Otros Eventos: El Anexo 99.2 contiene el comunicado de prensa que anuncia formalmente la oferta de bonos contemplada. La presentación aclara que no es una oferta de venta de valores bajo las leyes aplicables.
No se divulgaron resultados financieros, pronósticos ni términos definitivos sobre tamaño o precios de los bonos. Los inversores deben monitorear los términos finales para evaluar el impacto en apalancamiento y liquidez.
2025년 7월 24일, Advance Auto Parts(AAP)는 만기일이 2030년 및 2033년인 선순위 채권의 사모 발행을 시작하는 절차를 알리는 8-K 보고서를 제출했습니다.
항목 1.01 – 중대한 확정 계약: 회사는 2021년 11월 9일자 Bank of America 및 기타 대출기관과의 신용계약에 대한 제7차 수정안을 체결했습니다. 이 수정안은 신채권 발행을 명시적으로 허용하며, 전체 내용은 부속서 10.1에 제공됩니다.
항목 7.01 – 규정 FD: 예비 공모 설명서(부속서 99.1) 일부가 제출되었으나 정식 제출은 아니며, 투자자에게 제안된 공모에 대한 개략적인 정보를 제공합니다.
항목 8.01 – 기타 사건: 부속서 99.2에는 계획된 채권 공모를 공식 발표하는 보도자료가 포함되어 있습니다. 제출서류는 해당 법률상 증권 판매 제안이 아님을 명확히 합니다.
재무실적, 전망 또는 채권 규모 및 가격 조건은 공개되지 않았습니다. 투자자들은 레버리지 및 유동성 영향 평가를 위해 최종 조건을 주시해야 합니다.
Le 24 juillet 2025, Advance Auto Parts (AAP) a déposé un 8-K annonçant des démarches pour lancer un placement privé d’obligations senior arrivant à échéance en 2030 et 2033.
Point 1.01 – Accord définitif important : La société a signé l’avenant n° 7 à son accord de crédit du 9 novembre 2021 avec Bank of America et d’autres prêteurs. L’avenant autorise expressément l’émission des nouvelles obligations ; le texte intégral est fourni en Annexe 10.1.
Point 7.01 – Règlement FD : Des extraits du mémorandum préliminaire d’offre (Annexe 99.1) ont été fournis — non déposés — afin d’offrir aux investisseurs des informations de haut niveau sur l’offre proposée.
Point 8.01 – Autres événements : L’Annexe 99.2 contient le communiqué de presse annonçant officiellement l’offre envisagée d’obligations. Le dépôt précise qu’il ne s’agit pas d’une offre de vente de titres au regard des lois applicables.
Aucun résultat financier, prévision ou détail final sur la taille ou le prix des obligations n’a été divulgué. Les investisseurs doivent suivre les conditions finales pour évaluer l’impact sur l’endettement et la liquidité.
Am 24. Juli 2025 reichte Advance Auto Parts (AAP) ein 8-K ein, in dem Schritte zur Durchführung einer Privatplatzierung von Senior Notes mit Fälligkeiten in 2030 und 2033 angekündigt wurden.
Punkt 1.01 – Wesentlicher endgültiger Vertrag: Das Unternehmen unterzeichnete die Änderung Nr. 7 zu seinem Kreditvertrag vom 9. November 2021 mit der Bank of America und weiteren Kreditgebern. Die Änderung erlaubt ausdrücklich die Ausgabe der neuen Notes; der vollständige Text ist in Anlage 10.1 enthalten.
Punkt 7.01 – Regulation FD: Auszüge aus dem vorläufigen Angebotsmemorandum (Anlage 99.1) wurden bereitgestellt – nicht eingereicht –, um Investoren einen Überblick über das geplante Angebot zu geben.
Punkt 8.01 – Sonstige Ereignisse: Anlage 99.2 enthält die Pressemitteilung, die das beabsichtigte Notes-Angebot offiziell ankündigt. Die Einreichung stellt klar, dass es sich nicht um ein Angebot zum Verkauf von Wertpapieren gemäß geltendem Recht handelt.
Es wurden keine Finanzergebnisse, Prognosen oder endgültige Angaben zu Umfang und Preis der Notes veröffentlicht. Investoren sollten die endgültigen Bedingungen beobachten, um Auswirkungen auf Verschuldung und Liquidität einschätzen zu können.
- 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—event 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 – Accordo Definitivo Materiale: La società 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’emissione delle nuove obbligazioni; il testo completo è disponibile come Allegato 10.1.
Voce 7.01 – Regolamento FD: Sono stati forniti estratti del memorandum preliminare di offerta (Allegato 99.1) — non depositati — per fornire agli investitori informazioni di alto livello sull’offerta proposta.
Voce 8.01 – Altri Eventi: L’Allegato 99.2 contiene il comunicato stampa che annuncia formalmente l’offerta delle obbligazioni contemplate. Il deposito precisa che non si tratta di un’offerta 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’impatto su leva finanziaria e liquidità.
El 24 de julio de 2025, Advance Auto Parts (AAP) presentó un 8-K anunciando pasos para lanzar una colocación privada de bonos senior con vencimientos en 2030 y 2033.
Artículo 1.01 – Acuerdo Definitivo Material: La compañía firmó la Enmienda n.º 7 a su Acuerdo de Crédito del 9 de noviembre de 2021 con Bank of America y otros prestamistas. La enmienda permite expresamente la emisión de los nuevos bonos; el texto completo se encuentra en el Anexo 10.1.
Artículo 7.01 – Regulación FD: Se han proporcionado extractos del memorando preliminar de oferta (Anexo 99.1) — no presentados oficialmente — para brindar a los inversores detalles generales sobre la oferta propuesta.
Artículo 8.01 – Otros Eventos: El Anexo 99.2 contiene el comunicado de prensa que anuncia formalmente la oferta de bonos contemplada. La presentación aclara que no es una oferta de venta de valores bajo las leyes aplicables.
No se divulgaron resultados financieros, pronósticos ni términos definitivos sobre tamaño o precios de los bonos. Los inversores deben monitorear los términos finales para evaluar el impacto en apalancamiento y liquidez.
2025년 7월 24일, Advance Auto Parts(AAP)는 만기일이 2030년 및 2033년인 선순위 채권의 사모 발행을 시작하는 절차를 알리는 8-K 보고서를 제출했습니다.
항목 1.01 – 중대한 확정 계약: 회사는 2021년 11월 9일자 Bank of America 및 기타 대출기관과의 신용계약에 대한 제7차 수정안을 체결했습니다. 이 수정안은 신채권 발행을 명시적으로 허용하며, 전체 내용은 부속서 10.1에 제공됩니다.
항목 7.01 – 규정 FD: 예비 공모 설명서(부속서 99.1) 일부가 제출되었으나 정식 제출은 아니며, 투자자에게 제안된 공모에 대한 개략적인 정보를 제공합니다.
항목 8.01 – 기타 사건: 부속서 99.2에는 계획된 채권 공모를 공식 발표하는 보도자료가 포함되어 있습니다. 제출서류는 해당 법률상 증권 판매 제안이 아님을 명확히 합니다.
재무실적, 전망 또는 채권 규모 및 가격 조건은 공개되지 않았습니다. 투자자들은 레버리지 및 유동성 영향 평가를 위해 최종 조건을 주시해야 합니다.
Le 24 juillet 2025, Advance Auto Parts (AAP) a déposé un 8-K annonçant des démarches pour lancer un placement privé d’obligations senior arrivant à échéance en 2030 et 2033.
Point 1.01 – Accord définitif important : La société a signé l’avenant n° 7 à son accord de crédit du 9 novembre 2021 avec Bank of America et d’autres prêteurs. L’avenant autorise expressément l’émission des nouvelles obligations ; le texte intégral est fourni en Annexe 10.1.
Point 7.01 – Règlement FD : Des extraits du mémorandum préliminaire d’offre (Annexe 99.1) ont été fournis — non déposés — afin d’offrir aux investisseurs des informations de haut niveau sur l’offre proposée.
Point 8.01 – Autres événements : L’Annexe 99.2 contient le communiqué de presse annonçant officiellement l’offre envisagée d’obligations. Le dépôt précise qu’il ne s’agit pas d’une offre de vente de titres au regard des lois applicables.
Aucun résultat financier, prévision ou détail final sur la taille ou le prix des obligations n’a été divulgué. Les investisseurs doivent suivre les conditions finales pour évaluer l’impact sur l’endettement et la liquidité.
Am 24. Juli 2025 reichte Advance Auto Parts (AAP) ein 8-K ein, in dem Schritte zur Durchführung einer Privatplatzierung von Senior Notes mit Fälligkeiten in 2030 und 2033 angekündigt wurden.
Punkt 1.01 – Wesentlicher endgültiger Vertrag: Das Unternehmen unterzeichnete die Änderung Nr. 7 zu seinem Kreditvertrag vom 9. November 2021 mit der Bank of America und weiteren Kreditgebern. Die Änderung erlaubt ausdrücklich die Ausgabe der neuen Notes; der vollständige Text ist in Anlage 10.1 enthalten.
Punkt 7.01 – Regulation FD: Auszüge aus dem vorläufigen Angebotsmemorandum (Anlage 99.1) wurden bereitgestellt – nicht eingereicht –, um Investoren einen Überblick über das geplante Angebot zu geben.
Punkt 8.01 – Sonstige Ereignisse: Anlage 99.2 enthält die Pressemitteilung, die das beabsichtigte Notes-Angebot offiziell ankündigt. Die Einreichung stellt klar, dass es sich nicht um ein Angebot zum Verkauf von Wertpapieren gemäß geltendem Recht handelt.
Es wurden keine Finanzergebnisse, Prognosen oder endgültige Angaben zu Umfang und Preis der Notes veröffentlicht. Investoren sollten die endgültigen Bedingungen beobachten, um Auswirkungen auf Verschuldung und Liquidität einschätzen zu können.
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 | ||||||
FAQ
What did Advance Auto Parts (AAP) disclose in its 8-K dated July 24 2025?
Why was Amendment No. 7 to AAP’s 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?
