AUTODOC Secures EUR 530 Million Term Loan B, Marking Debut in Institutional Debt Markets

AUTODOC successfully optimizes its capital structure by securing a EUR 530 million Term Loan B, its first institutional debt issuance, to fund share repurchases and enhance financial flexibility for future growth and potential IPO.

Bay Area Metrowire Staff
Business
AUTODOC Secures EUR 530 Million Term Loan B, Marking Debut in Institutional Debt Markets

AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, announced today the placement of a EUR 530 million Term Loan B (TLB), marking the company's debut in institutional debt markets. The transaction, part of a broader EUR 580 million financing package that includes a EUR 50 million Revolving Credit Facility (RCF), represents a major milestone in AUTODOC's long-term growth ambitions and capital markets plans.

The TLB carries an interest rate of EURIBOR +3.50% and has a tenor of seven years. It was rated Ba3 with stable outlook by Moody's and B+ with positive outlook by S&P. The RCF, with a tenor of 6.5 years and interest of EURIBOR +3.00%, will serve as a liquidity buffer. Proceeds from the TLB will be used to repurchase shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE, along with related fees and expenses. In connection with the 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.

"This transaction is a defining moment for AUTODOC - one that sharpens who we are and how we operate," said Dmitri Zadorojnii, CEO of AUTODOC. "By implementing this financing structure, we secured public debt supported by a wide range of institutional investors to enable the continued path towards new chapters in the capital markets in the future." Zadorojnii emphasized that the company is entering this next chapter as a lean, highly focused, better prepared company with a strong balance sheet and governance framework.

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

The move comes as AUTODOC continues to build and expand its automotive 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 into one of Europe's most exciting e-commerce companies, with online shops in 27 European countries and over 5,500 employees across 13 locations. As of December 31, 2025, the company's product assortment comprised around 7.8 million SKUs from approximately 2,700 brand manufacturers, and in 2025, AUTODOC generated sales revenue of EUR 1.8 billion.

For more details, the original press release is available on NewMediaWire.

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