March 7, 2017 / 2:07 PM / 4 months ago

BRIEF-Sonic automotive announces offering of senior subordinated notes

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March 7 (Reuters) - Sonic Automotive Inc:

* Sonic Automotive announces offering of senior subordinated notes

* Sonic Automotive Inc- intends to commence a private offering of up to $250.0 million in aggregate principal amount of senior subordinated notes

* Sonic Automotive Inc - intends to use net proceeds from this offering to redeem all of its outstanding 7.0pct senior subordinated notes due 2022 Source text for Eikon: Further company coverage:

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