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Advance Auto Parts Announces Redemption of 5.750% Notes Due 2020

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RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 29, 2019-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced it will redeem the $300 million aggregate principle of its 5.750% Notes due 2020 using available cash on hand. “I am pleased with our teams’ ability to deliver meaningful financial and operational improvements over the past several quarters,” said Executive Vice President and Chief Financial Officer Jeff Shepherd. “We remain incredibly disciplined in our approach to managing cash and ...

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