Latham & Watkins Advises on Hudson Automotive Group’s Upsized US$675 Million Senior Notes Offering
Cougar JV Subsidiary LLC (doing business as Hudson Automotive Group), an automotive retailer located in the southeastern United States, has announced the pricing of US$675 million aggregate principal amount of its 8.000% Senior Notes due 2032. The transaction is expected to close on Friday, May 17, 2024.
Latham & Watkins LLP represented the initial purchasers in the offering with a capital markets team led by New York partners Michael Benjamin and Andrew Baker, with associates Shawn Quinn, James Sullivan, and Adam Picker. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Valerie Silva Parra.