AutoZone is a publicly traded American retailer specializing in automotive parts, accessories, and tools, with a large network of stores across the United States, Mexico, and Puerto Rico.
This financial analysis focuses on a specific debt instrument, an obligation issued by AutoZone, Inc., a leading American retailer and distributor of automotive replacement parts and accessories, renowned for its extensive network across the United States. Identified by ISIN US053332AZ56 and CUSIP 053332AZ5, this bond carries a total issue size of $750,000,000 USD, reflecting a substantial capital raise. The fixed-income security offers an annual coupon rate of 4%, with payments distributed semi-annually, providing a regular income stream to investors. Currently trading at its par value of 100% in the market, the bond has a minimum purchase lot of $2,000 USD. Its maturity date is set for April 14, 2030. The creditworthiness of this bond is further substantiated by its investment-grade ratings: BBB from Standard & Poor's and Baa1 from Moody's, both assessments underscoring AutoZone's financial stability and its capacity to honor its debt obligations.
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