Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics - S&P Global Ratings’ Credit Research

Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics

Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics - S&P Global Ratings’ Credit Research
Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics
Published Aug 27, 2025
3 pages (1294 words) — Published Aug 27, 2025
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Abstract:

This report does not constitute a rating action. SAN FRANCISCO (S&P Global Ratings) Aug. 27, 2025--S&P Global ratings today said LKQ Corp.?s (BBB-/Stable) announced sale of its Self Service segment will modestly improve credit metrics. The segment will be sold for an enterprise value of $410 million, with cash proceeds to be used toward debt repayment. We estimate the transaction will reduce the company?s leverage to the mid-2x area by the end of 2025. LKQ expects the transaction to be completed in the fourth quarter of 2025, subject to closing conditions including regulatory approval. For the 12 months ended June 30, 2025, the Self Service segment contributed $527 million of revenue and $54 million of EBITDA, accounting for only about

  
Brief Excerpt:

STANDARD & POOR'S, S&P and RATINGSDIRECT are registered trademarks of Standard & Poor's Financial Services LLC. S&P may receive compensation for its ratings and certain analyses, normally from issuers or underwriters of securities or...

  
Report Type:

Bulletin

Ticker
LKQX
Issuer
LKQ Corp.
GICS
Distributors (25501010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics" Aug 27, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-LKQ-Corp-s-Announced-Sale-Of-Self-Service-Segment-Will-Improve-Credit-Metrics-3431342>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: LKQ Corp.'s Announced Sale Of Self Service Segment Will Improve Credit Metrics Aug 27, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-LKQ-Corp-s-Announced-Sale-Of-Self-Service-Segment-Will-Improve-Credit-Metrics-3431342>
  
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