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BRIEF-KAR Auction Services announces proposed notes offering
May 22, 2017 / 12:10 PM / 6 months ago

BRIEF-KAR Auction Services announces proposed notes offering

May 22 (Reuters) - KAR Auction Services Inc

* KAR Auction Services announces proposed notes offering

* Plans to offer, subject to market conditions, approximately $800 million aggregate principal amount of senior notes due 2025

* KAR Auction Services says to use net proceeds to repay a portion of existing term loans outstanding under its senior secured credit facilities Source text for Eikon: Further company coverage:

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