Group 1 Automotive, Inc.: Covenant Quality Post-Sale Snapshot: $500m 6.375% Senior Notes due 2030
Group 1 Automotive, Inc.'s covenant package provides weakest-level protection, reflecting a CQ score of 4.48.Group 1 Automotive is an operator in the automotive retail industry. Through its dealerships, the company sells new and used cars and light trucks, arranges related vehicle financing, sells service and insurance contracts, provides automotive maintenance and repair services, and sells vehicle parts. The company sells retail used vehicles directly to its customers at its dealerships or via its internet sites and wholesale used vehicles at auctions. The company sells replacement parts and provides both warranty and non-warranty maintenance and repair services, as well as provides collision repair services at the collision centers that the company operates. The company also sells parts to wholesale customers.
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