AUTODOC Secures EUR 530 Million Term Loan B in First Institutional Debt Issuance

AUTODOC, Europe's leading online auto parts retailer, successfully places a EUR 530 million Term Loan B, marking its debut in institutional debt markets and supporting long-term growth and potential IPO plans.

Chicago Metrowire Staff
Business
AUTODOC Secures EUR 530 Million Term Loan B in First Institutional Debt Issuance

AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, today announced the placement of its EUR 530 million Term Loan B, the company's first institutional debt issuance. The transaction also includes a EUR 50 million Revolving Credit Facility, bringing the total financing package to EUR 580 million. In conjunction with this transaction, Autodoc Holding SE has been established as the group's new parent company, with 100% of its shares held by AutoTech GmbH & Co. KG, the investment entity of AUTODOC's three founders.

CEO Dmitri Zadorojnii described the transaction as a defining moment for AUTODOC, stating that it sharpens the company's focus and operational model. By implementing this financing structure, AUTODOC secured public debt supported by a wide range of institutional investors, enabling the company to continue its path toward future capital market milestones. Zadorojnii emphasized that AUTODOC enters this next chapter as a lean, highly focused, and better prepared company with a strengthened balance sheet and governance framework.

The Term Loan B has a seven-year tenor and carries interest of EURIBOR +3.50%. It has been rated Ba3 with a stable outlook by Moody's and B+ with a positive outlook by S&P. The Revolving Credit Facility, with a tenor of 6.5 years and interest of EURIBOR +3.00%, will serve as a liquidity buffer. Proceeds from the Term Loan B will be used to fund the repurchase of shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE and to pay related fees and expenses.

CFO Lennart Schmidt highlighted that AUTODOC's current net debt-free balance sheet provides a unique opportunity to introduce this market-tested financing framework. He noted that the transaction promotes long-term financial flexibility and accelerates shareholder returns without any equity dilution. Schmidt also pointed out that the deal gives AUTODOC a track record with institutional investors and strengthens its optionality for a potential initial public offering, which remains on the company's agenda, with timing dependent on market conditions.

The streamlined corporate structure supports AUTODOC's long-term vision of becoming Europe's leading automotive aftermarket tech ecosystem, combining advanced AI capabilities, data-driven decision-making, and an enhanced digital experience for customers and professional partners. Founded in Berlin in 2008, AUTODOC has grown to employ more than 5,500 people across 13 locations and generated sales revenue of EUR 1.8 billion in 2025. The company offers approximately 7.8 million SKUs from around 2,700 brand manufacturers across 27 European countries.

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