The notes are due 2026 and 2028

Davis Polk advised the joint book-running managers in connection with an offering by Advance Auto Parts, Inc. of $300 million of its 5.900% notes due 2026 and $300 million of its 5.950% notes due 2028. The notes are guaranteed on a senior unsecured basis by Advance Stores Company, Incorporated, Advance Auto Parts’ wholly owned subsidiary.

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of December 31, 2022, Advance operated 4,770 stores and 316 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the United States Virgin Islands. The company also served 1,311 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands.

The Davis Polk capital markets team included partner Michael Kaplan and associates David Li and Logan Crossley. Counsel David A. Zilberberg provided environmental advice. Partner Kara L. Mungovan and associate Liang Zhang provided tax advice. All members of the Davis Polk team are based in the New York office.