AUTOZONE INC 8-K

What Happened AutoZone Inc. filed an 8-K on July 14, 2026 to announce the completion of an $850,000,000 sale of 4.950% Senior Notes due July 15, 2031. The Notes were issued under the Indenture dated August 8, 2003 (with Regions Bank as successor trustee) and pursuant to the company’s Form S-3 shelf registration and a prospectus supplement dated July 7, 2026. The company executed an Officers’ Certificate on July 14, 2026 setting forth the terms of the Notes.

Key Details

• Amount: $850,000,000 aggregate principal.
• Interest: Fixed rate of 4.950% per year, payable semi‑annually on January 15 and July 15, starting January 15, 2027.
• Maturity: July 15, 2031.
• Ranking and protections: Senior unsecured obligations, pari passu with other senior unsecured debt and senior to any future subordinated debt; subject to customary covenants (limits on secured debt, sale/leaseback transactions, and certain mergers/sales) and customary events of default.
• Redemption/repurchase: Company may redeem (in whole or in part) with 10–60 days’ notice at specified redemption prices; holders may require repurchase on certain change-of-control triggering events per the Officers’ Certificate.

Why It Matters This filing shows AutoZone raised long-term fixed-rate debt, which affects the company’s capital structure and interest expense profile. The 4.95% rate and 5-year tenor (to 2031) lock in financing costs for that period and increase funded debt by $850M. Investors should note the notes are unsecured (rank with other senior unsecured liabilities) and include customary covenants and change-of-control protections that can influence future financing flexibility and creditor priority.