2/9/2023 | BKBWHY | Penske has 3.8% average coupon on fixed-rate debt; leverage is 0.8x
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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 | HY | Market Commentary: Park River sells high-yield bonds; Boyd gains; Oasis stabilizes; Penske flat; DT notes weaken
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5/25/2021 | HY | New Issue: Penske Automotive sells $500 million eight-year subordinated notes at par to yield 3¾%
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5/25/2021 | HYLM | Penske to redeem $500 million 5½% subordinated notes due 2026
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5/25/2021 | HY | Penske to sell $500 million eight-year subordinated notes on Tuesday
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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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11/20/2020 | HYLM | Penske Automotive to redeem $300 million 5 3/8% senior notes due 2024
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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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8/5/2020 | HY | Market Commentary: Howard Hughes, Harvest Midstream, DSLD price; new deals trade up; index turns positive
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8/4/2020 | HY | Market Commentary: Leviathan, Penske, Emergent, Element, Xerox price; Melco adds on; Service, Apache gain
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8/4/2020 | HY | New Issue: Penske Automotive sells $550 million five-year subordinated notes at par to yield 3½%
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8/4/2020 | HYLM | Penske to redeem $550 million 5¾% senior notes due 2022
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8/4/2020 | BKHY | S&P rates Penske notes B+
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8/4/2020 | HY | Penske Automotive driving by with $550 million five-year notes; whisper high 3% area to 4%
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4/20/2020 | BKHY | Moody's changes Penske view to negative
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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 | HY | Market Commentary: Primary pace quickens as Ashtead megadeal, Sirius add-ons, and AK price; new U.S. Steel, Diamond active
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8/1/2017 | HY | Market Commentary: U.S. Steel, Diamond Offshore, Penske price to open August; new Penske bonds jump; Hertz rebounds
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8/1/2017 | HY | Market Commentary: U.S. Steel, Diamond Offshore, Penske price to open August; new Penske bonds jump; Hertz rebounds
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8/1/2017 | HY | New Issue: Penske Automotive prices $300 million 3¾% senior subordinated notes due 2020 at par
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8/1/2017 | BKHY | S&P assigns B+ to Penske notes
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8/1/2017 | HY | Penske Automotive to sell $300 million three-year senior subordinated notes in Tuesday drive-by
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7/28/2016 | BKHY | Moody’s rates Penske SGL-2
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5/12/2016 | HY | Market Commentary: Upsized Cheniere tops busy day; Ryerson, LifePoint, Performance Food price; funds out $1.9 billion
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5/11/2016 | HY | Market Commentary: AES, Penske, Teleflex deals drive by; new Goodyear gains in busy dealings; new NRG trades off
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5/11/2016 | HY | New Issue: Penske sells $500 million 5½% 10-year subordinated notes at par
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5/11/2016 | BKHY | S&P provides B+ to Penske notes
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5/11/2016 | HY | Penske Automotive whispers $500 million 10-year senior subordinated notes in mid-to-high 5% range
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11/21/2014 | HY | Market Commentary: Morning Commentary: MGM Resorts, Penske bonds hold above par; KLX, EnTrans, Parq on deck
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11/19/2014 | HY | Market Commentary: HD Supply, Asbury price in calmer junk primary; recent deals steady; Cliffs paper gyrates
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11/18/2014 | HY | Market Commentary: Mercer, upsized Owens-Illinois deals lead $3.5 billion session; new issues dominate trading
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11/18/2014 | HY | New Issue: Penske Automotive prices $300 million 5 3/8% 10-year notes at par
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11/18/2014 | BKHY | S&P assigns B+ to Penske notes
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11/18/2014 | HY | Penske Automotive to price $300 million 10-year notes Tuesday
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9/26/2014 | BKHY | Moody’s lifts Penske, notes
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8/26/2014 | BKHY | S&P upgrades Penske, debt
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6/27/2013 | BKHY | S&P: Penske view to positive
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9/27/2012 | HYLM | Penske redeems $57.3 million 73/4% senior subordinated notes due 2016
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8/28/2012 | HYLM | Penske gets consents for 85% of 73/4% notes due 2016, modifies indenture
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8/15/2012 | HY | Market Commentary: Caesars, upsized Tronox, Univision lead $3 billion day; new DaVita holds gains in busy trading
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8/14/2012 | HY | New Issue: Penske sells upsized $550 million 10-year notes at par to yield 53/4%
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8/14/2012 | HY | Market Commentary: Upsized DaVita, Concho, Penske lead $3.5 billion day; DaVita gains; Graton prices, moves up
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8/14/2012 | HYLM | Penske tenders, solicits consents for $375 million 73/4% notes due 2016
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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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7/7/2011 | BKCVHY | Moody's upgrades Penske
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5/10/2010 | BKHY | S&P: Penske liquidity adequate
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5/7/2010 | HY | Penske withdraws $200 million senior subordinated notes offering
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5/7/2010 | HY | Market Commentary: Junk slide continues amid more stock carnage; primary grinds to halt as Penske pulls out
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5/6/2010 | BKCVHY | S&P rates Penske notes B-
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5/6/2010 | HY | Penske Automotive talks $200 million 10-year notes to yield 83/4% area
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5/6/2010 | HY | Market Commentary: Junk stumbles as equity tumbles; three price, two shelved; funds in first fall since February
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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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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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12/22/2008 | BKCVHY | Moody's cuts Penske outlook to negative
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7/2/2008 | CVHY | S&P cuts Penske outlook to negative
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