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Asbury Automotive Group Announces Private Placement of $75.0 Million of Additional 8.375% Senior Subordinated Notes due 2020 (Asbury Automotive Group Inc)

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(Source: Asbury Automotive Group Inc) DULUTH, Ga., June 17, 2013/PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG) (the "Company") announced today that it plans to offer $75.0 millionin aggregate principal amount of additional 8.375% senior subordinated notes due 2020 (the "Additional Notes") in a private transaction that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Act"). The Additional Notes being offered are an additional issuance of, and will rank equally and form a single series with, the $200.0 millionin aggregate principal amount of the Company's 8.375% senior subordinated notes due 2020...

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