AutoZone (NYSE: AZO) files shelf to offer debt securities under indenture
AutoZone, Inc. filed a shelf registration statement on July 7, 2026 to register debt securities for issuance from time to time under a base shelf program. The prospectus describes general terms for senior and subordinated debt to be issued under an existing indenture dated August 8, 2003, with specific series terms to be provided in prospectus supplements.
The shelf prospectus incorporates by reference recent SEC reports, confirms the company may use net proceeds for general corporate purposes (including repaying or repurchasing debt, working capital, capital expenditures, store or distribution center openings, stock repurchases and acquisitions), and states debt securities will be issued under the indenture with Regions Bank serving as trustee since February 8, 2019.
Positive
- None.
Negative
- None.
Insights
AZO registers a flexible debt shelf for future capital needs.
The registration statement allows AutoZone to issue debt securities (senior or subordinated) under an existing indenture dated August 8, 2003. Specific series terms (maturities, rates, covenants) will appear in future prospectus supplements.
Amount, pricing and timing are not set in the prospectus; market conditions and prospectus supplements will determine issuance structure and potential refinancing or repurchase uses.
The filing is a standard Form S-3 shelf with customary legal safeguards.
The prospectus incorporates recent filings by reference, includes standard indemnification and indemnity/undertaking clauses, and reserves exhibit schedules (offering documents, underwriting agreements and forms of note) to be filed or incorporated by reference.
Qualifying conditions (e.g., prospectus supplements, trustee eligibility, and deed of indenture) will govern each series; investors should consult the related prospectus supplement for series-specific covenants and repayment priorities.
Key Figures
Key Terms
shelf registration regulatory
indenture financial
book-entry debt security market
Trust Indenture Act regulatory
Offering Details
FAQ
What does AutoZone's S-3 filing (AZO) allow the company to do?
How will AutoZone (AZO) use proceeds from debt securities sales?
Under what contract will AutoZone (AZO) issue the debt securities?
Does the prospectus include detailed terms (maturity, rate) for the debt?
SECURITIES AND EXCHANGE COMMISSION
UNDER
THE SECURITIES ACT OF 1933
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Nevada
(State or other jurisdiction of incorporation or organization)
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62-1482048
(I.R.S. Employer Identification Number)
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Memphis, Tennessee 38103
Telephone: (901) 495-6500
Senior Vice President, General Counsel & Secretary
123 South Front Street
Memphis, Tennessee 38103
Telephone: (901) 495-6500
Bass, Berry & Sims PLC
21 Platform Way South, Suite 3500
Nashville, Tennessee 37203
Telephone: (615) 742-6200
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Large accelerated filer
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| | ☒ | | | Accelerated filer | | | ☐ | |
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Non-accelerated filer
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| | ☐ | | | Smaller reporting company | | | ☐ | |
| | | | | | | | Emerging growth company | | | ☐ | |
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Page
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ABOUT THIS PROSPECTUS
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WHERE YOU CAN FIND MORE INFORMATION
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INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
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AUTOZONE, INC.
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RISK FACTORS
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FORWARD-LOOKING STATEMENTS
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USE OF PROCEEDS
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DESCRIPTION OF DEBT SECURITIES
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PLAN OF DISTRIBUTION
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LEGAL MATTERS
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EXPERTS
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AutoZone, Inc.
123 South Front Street
Memphis, Tennessee 38103
(901) 495-6500
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Amount
to be Paid |
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SEC Registration Fee
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$ —(1)
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Rating Agency Fees
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$ —(2)
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Accounting Fees and Expenses
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$ —(2)
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Legal Fees and Expenses
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$ —(2)
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Printing Expenses
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$ —(2)
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Blue Sky Fees
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$ —(2)
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Trustee/ Issuing & Paying Agent Fees and Expenses
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$ —(2)
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Miscellaneous Expenses
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$ —(2)
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| Total | | |
$ —(2)
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Exhibit
Number |
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Description
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| | 1.1* | | | Underwriting Agreement. | |
| | 3.1 | | |
Restated Articles of Incorporation of AutoZone, Inc. (incorporated by reference to Exhibit 3.1 to the Form 10-Q for the quarter ended February 13, 1999).
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| | 3.2 | | |
Ninth Amended and Restated By-Laws of AutoZone, Inc. Incorporated by reference to Exhibit 3.1 to the Current Report on Form 8-K dated April 1, 2025).
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| | 4.1 | | | Indenture dated as of August 8, 2003, between AutoZone, Inc. and Bank One Trust Company, N.A. Incorporated by reference to Exhibit 4.1 to the Registration Statement on Form S-3 (No. 333-107828) filed August 11, 2003. | |
| | 4.2* | | | Form of Officers’ Certificate(s) pursuant to Section 3.2 of the Indenture setting forth the terms of the applicable notes. | |
| | 4.3* | | | Form of Note. | |
| | 5.1 | | |
Opinion of Bass, Berry & Sims PLC.
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| | 5.2 | | |
Opinion of Brownstein Hyatt Farber Schreck, LLP.
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| | 15.1 | | |
Letter of Ernst & Young LLP re Unaudited Interim Financial Information.
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| | 23.1 | | |
Consent of Ernst & Young LLP.
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Consent of Bass, Berry & Sims PLC (included in Exhibit 5.1).
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| | 23.3 | | |
Consent of Brownstein Hyatt Farber Schreck, LLP (included in Exhibit 5.2).
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| | 24.1 | | |
Power of Attorney (included on the signature page to this Registration Statement).
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| | 25.1 | | |
Statement of Eligibility on Form T-1 under the Trust Indenture Act of 1939, as amended, of Regions Bank, as Trustee under the Indenture.
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Filing Fee Table
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President and Chief Executive Officer
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SIGNATURE
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TITLE
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DATE
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/s/ Philip B. Daniele, III
Philip B. Daniele, III
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| | President and Chief Executive Officer (Principal Executive Officer) | | | July 7, 2026 | |
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/s/ Jamere Jackson
Jamere Jackson
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Chief Financial Officer
(Principal Financial Officer) |
| | July 7, 2026 | |
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/s/ J. Scott Murphy
J. Scott Murphy
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Vice President and Controller
(Principal Accounting Officer) |
| | July 7, 2026 | |
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/s/ William C. Rhodes, III
William C. Rhodes, III
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| | Chairman | | | July 7, 2026 | |
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/s/ Michael A. George
Michael A. George
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| | Director | | | July 7, 2026 | |
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/s/ Linda A. Goodspeed
Linda A. Goodspeed
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| | Director | | | July 7, 2026 | |
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/s/ Earl G. Graves, Jr.
Earl G. Graves, Jr.
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| | Director | | | July 7, 2026 | |
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/s/ Brian Hannasch
Brian Hannasch
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| | Director | | | July 7, 2026 | |
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SIGNATURE
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TITLE
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DATE
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/s/ Gale V. King
Gale V. King
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| | Director | | | July 7, 2026 | |
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/s/ Claire R. McDonough
Claire R. McDonough
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| | Director | | | July 7, 2026 | |
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/s/ George R. Mrkonic, Jr.
George R. Mrkonic, Jr.
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| | Director | | | July 7, 2026 | |
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/s/ Jill A. Soltau
Jill A. Soltau
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| | Director | | | July 7, 2026 | |
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/s/ Constantino Spas Montesinos
Constantino Spas Montesinos
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| | Director | | | July 7, 2026 | |