12/3/2024 | BK | Penske increases credit agreement to $1.5 billion, extends two years
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4/21/2023 | BK | Penske increases credit agreement to $1.2 billion, adds lender
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2/9/2023 | BKBWHY | Penske has 3.8% average coupon on fixed-rate debt; leverage is 0.8x
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1/6/2023 | BK | Penske Automotive amends revolver to decrease unused commitment fee
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7/29/2021 | BKBWHY | Penske reduces leverage to 1x, intends to cut debt whenever possible
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5/26/2021 | BKCVDDEMIGPV | Market Commentary: Park River sells high-yield bonds; Boyd gains; Oasis stabilizes; Penske flat; DT notes weaken
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5/25/2021 | BKHY | S&P gives Penske notes BB-
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5/7/2021 | BKHY | S&P upgrades Penske Automotive
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3/26/2021 | BKHY | Moody's changes Penske view to stable
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10/28/2020 | BKHY | S&P alters Penske view to stable
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10/23/2020 | BKBWHY | Penske Automotive saves $17 million per year from refinancing in Q3
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8/20/2020 | BK | Penske draws down on revolver to repay $300 million notes
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8/5/2020 | BKCVDDEMIGPV | Market Commentary: Howard Hughes, Harvest Midstream, DSLD price; new deals trade up; index turns positive
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8/4/2020 | BKCVDDEMIGPV | Market Commentary: Leviathan, Penske, Emergent, Element, Xerox price; Melco adds on; Service, Apache gain
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8/4/2020 | BKHY | S&P rates Penske notes B+
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4/20/2020 | BKHY | Moody's changes Penske view to negative
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6/27/2019 | BK | Penske Automotive Group amends revolver for more covenant flexibility
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11/21/2018 | BKHY | S&P changes Penske view to positive
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8/7/2018 | BKHY | Moody’s ups Penske Automotive
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8/2/2017 | BKCVDDEMIGPV | Market Commentary: Primary pace quickens as Ashtead, Sirius add-ons, AK price; new U.S. Steel, Diamond active
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8/1/2017 | BKCVDDEMIGPV | Market Commentary: U.S. Steel, Diamond Offshore, Penske price; new Penske bonds jump; Hertz rebounds
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8/1/2017 | BKHY | S&P assigns B+ to Penske notes
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8/1/2017 | BK | Penske to repay outstanding bank debt via new note offering
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7/28/2016 | BKHY | Moody’s rates Penske SGL-2
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7/28/2016 | BK | Penske Automotive draws $350 million under revolver, extends maturity
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5/11/2016 | BKCVDDEMIGPV | Market Commentary: AES, Penske, Teleflex drive by; new Goodyear gains in busy dealings; new NRG trades off
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5/11/2016 | BKHY | S&P provides B+ to Penske notes
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11/19/2014 | BKCVDDEMIGPV | Market Commentary: HD Supply, Asbury price in calmer junk primary; recent deals steady; Cliffs paper gyrates
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11/18/2014 | BKCVDDEMIGPV | Market Commentary: Mercer, upsized Owens-Illinois deals lead $3.5 billion session; new issues dominate trading
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11/18/2014 | BKHY | S&P assigns B+ to Penske notes
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9/26/2014 | BKHY | Moody’s lifts Penske, notes
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9/10/2014 | BK | Penske Automotive extends credit agreement maturity by a year to 2017
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8/26/2014 | BKHY | S&P upgrades Penske, debt
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4/2/2014 | BK | Penske Automotive lifts revolver to $450 million, lowers pricing
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9/23/2013 | BK | Penske Automotive extends U.S. credit agreement one year to 2016
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7/29/2013 | BK | Penske Automotive to draw on facilities to fund Western Star purchase
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6/27/2013 | BKHY | S&P: Penske view to positive
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8/14/2012 | BKHY | Moody's lifts Penske, rates new notes B2
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8/14/2012 | BKHY | S&P rates Penske debt B
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6/21/2012 | BKCVHY | S&P lifts Penske Automotive
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1/13/2012 | BK | Penske subsidiaries amend agreement to enter £30 million term loan
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12/21/2011 | BK | Penske Automotive expands via £110 million U.K. revolver, credit line
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9/30/2011 | BK | Penske ups revolver to $375 million, trims interest to Libor plus 250
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7/7/2011 | BKCVHY | Moody's upgrades Penske
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4/28/2011 | BK | Penske repays revolver borrowings used to buy back 3.5% convertibles
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5/10/2010 | BKHY | S&P: Penske liquidity adequate
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5/6/2010 | BKCVHY | S&P rates Penske notes B-
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5/6/2010 | BKCVHY | Moody's rates Penske notes Caa1
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3/31/2010 | BKCVHY | S&P: Penske outlook stable
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10/7/2009 | BKCVHY | S&P affirms Penske Automotive
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10/1/2009 | BKCVHY | Moody's confirms Penske Automotive
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9/21/2009 | BK | Penske Automotive pushes out credit facility maturity by one year
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9/8/2009 | BK | Penske Automotive amends loan, upsizing revolver, extending maturity
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7/29/2009 | BKBWCVHY | Penske reduces total debt by $368 million in first half of 2009
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6/5/2009 | BKCVHY | Moody's puts Penske on review uncertain
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6/5/2009 | BKCVHY | S&P puts Penske on review
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6/2/2009 | BKHY | Moody's: Auto retailers unchanged
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3/25/2009 | BKCV | Moody's downgrades Penske
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2/17/2009 | BK | Penske repays $10 million of debt
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12/24/2008 | BKCV | S&P downgrades Penske
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12/22/2008 | BKCVHY | Moody's cuts Penske outlook to negative
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9/16/2008 | BK | Penske pushes out maturity on credit facility for one year
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7/2/2008 | BK | Penske amends loan, providing for new $219 million term loan
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