Article: Sonic Automotive Prices Concurrent Offerings of Class a Common Stock and Convertible Senior Notes.

Sonic Automotive, Inc. (NYSE:SAH) announced it has priced its previously announced concurrent public offerings of Class A common stock and convertible senior notes. The offerings were made pursuant to Sonic Automotive's registration statement (including a prospectus and related preliminary prospectus supplement for each of the common stock and convertible senior notes offerings). The total gross proceeds from the offerings will be approximately $240.9 million, excluding any proceeds attributable to the underwriters' possible exercise of their options to purchase additional securities to cover over allotments as described below. The closing of the offerings is expected to ...

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