BLOOMFIELD HILLS, Mich., Aug. 20, 2020 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE: PAG ) a diversified international transportation services company, today announced that the Company has repaid in full, at scheduled maturity, its $300 million Senior Subordinated Notes (the "2020 Notes") due August 15, 2020. The 2020 Notes were repaid using availability under the Company's U.S. revolving credit facility, leaving the Company with over $800 million in available liquidity under its revolving credit facilities. The Company also completed the issuance of $550 million aggregate principal amount of 3.5% Senior Subordinated Notes due 2025 which the Company intends to use to redeem its $550 million 5.75% Senior Subordinated Notes due 2022 (the "2022 Notes") on October 1, 2020.