Group 1 Automotive priced $1.25 billion of senior unsecured notes, comprising $625.0 million of 6.250% notes due 2032 and $625.0 million of 6.625% notes due 2035. The offering is expected to close on Sept. 22, 2026, subject to customary conditions. Group 1 plans to use the net proceeds, together with cash on hand, to fund its previously announced acquisition of certain dealership assets and related real estate from Hennessy Automobile Companies, Inc. and affiliates, and to pay related fees and expenses. Until the acquisition closes, the proceeds are intended to repay borrowings under the acquisition line of its revolving credit facility, which Group 1 expects to reborrow at closing to fund part of the purchase price. If the acquisition is not completed by the applicable Special Mandatory Redemption Outside Date, or certain other triggering events occur, Group 1 must redeem all outstanding 2032 Notes at 100% of their initial issue price plus accrued and unpaid interest. The notes are being offered under Rule 144A and Regulation S exemptions and will not be registered under the Securities Act of 1933 or state securities laws. Group 1 operates 249 dealerships, 310 franchises and 32 collision centers in the United States and the United Kingdom, representing 37 automotive brands.