# O REILLY AUTOMOTIVE INC (ORLY) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_f7178df6a639d40effc8 · retrieved 2026-08-14T01:44:08.830Z

## Overview
O'Reilly Automotive, Inc. is a retail auto and home supply store operator.

O'Reilly Automotive, Inc. entered into an underwriting agreement on August 10, 2026 with J.P. Morgan Securities LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC to issue and sell three series of senior notes: $700 million of 4.800% Senior Notes due 2029, $500 million of 5.050% Senior Notes due 2031, and $400 million of 5.550% Senior Notes due 2037. The estimated net proceeds are approximately $1.59 billion after deducting underwriting discounts and offering expenses. The notes are expected to settle on August 14, 2026 (T+4), and the company intends to use the net proceeds to repay a portion of amounts outstanding under its commercial paper program and for general corporate purposes, including ordinary course working capital, share repurchases, and investments in business opportunities including acquisitions.

## Terms
- Counterparty: J.P. Morgan Securities LLC, Truist Securities, Inc., Wells Fargo Securities, LLC · Deal value: $1.60B · Consideration: cash

## Key dates
- Announced 2026-08-11 · Expected close 2026-08-14

## Timeline
- 2026-08-11 · 8-K (0001104659-26-094110): 8-K - O REILLY AUTOMOTIVE INC — *O'Reilly Automotive, Inc. is a retail auto and home supply store operator.* O'Reilly Automotive, Inc. entered into an underwriting agreement on August 10, 2026 with J.P. Morgan Securities LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC to issue and sell three series of senior notes: $700 million of 4.800% Senior Notes due 2029, $500 million of 5.050% Senior Notes due 2031, and $400 million of 5.550% Senior Notes due 2037. The estimated net proceeds are approximately $1.59 billion after deducting underwriting discounts and offering expenses. The notes are expected to settle on August 14, 2026 (T+4), and the company intends to use the net proceeds to repay a portion of amounts outstanding under its commercial paper program and for general corporate purposes, including ordinary course working capital, share repurchases, and investments in business opportunities including acquisitions.
  https://www.sec.gov/Archives/edgar/data/898173/0001104659-26-094110.txt

## Citations
- 0001104659-26-094110 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926094110