We advised the initial purchasers on the offering

Davis Polk advised the initial purchasers in connection with a debut Rule 144A / Regulation S offering of $300 million aggregate principal amount of 7.250% senior notes due 2031 by Gee Automotive Holdings, L.L.C. The net proceeds of the offering will be used to fund Gee Automotive’s acquisition of certain assets of TCAG, Inc. and of certain of its affiliates and for general corporate purposes.

Gee Automotive is a leading private automotive retailer in the western United States which offers an extensive range of products and services, including new and used vehicles, parts and services, and finance and insurance products. TCAG is a family-owned automotive retailer with dealerships and vehicle franchises across Arizona and California.

The Davis Polk capital markets team included partner Shane Tintle and associates Kanger Jin and Jenna Pedranti. Counsel Danielle Rapaccioli and associates Fred (Chen) Fu and Hunter P. Shaw provided tax advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. Counsel Chaoyuan (Charles) Shi provided ERISA advice. All members of the Davis Polk team are based in the New York office.

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