DULUTH, Ga., June 20, 2013 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company") announced today that it has closed its previously announced private placement of $100.0 million of additional 8.375% senior subordinated notes due 2020 (the "Additional Notes"). The Additional Notes were issued at a price of 109.75%, plus accrued and unpaid interest from and including May 15, 2013, resulting in an effective interest rate (yield to worst) on June 20, 2013 to the Company of 5.628%. The Additional Notes are an additional issuance of, and rank equally and form a single series with, the $200.0 million in aggregate principal amount of the Company's 8.375% senior...
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