Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today announced the closing of its private offering of $250 million in aggregate principal amount of 6.125% Senior Subordinated Notes due 2027 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and in offshore transactions pursuant to Regulation S under the Securities Act. The Notes were issued at 100.0% of the principal amount thereof, resulting in a yield to maturity of 6.125%. The Company intends to use a substantial portion of the net proceeds from this offering to redeem all of its outstanding 7.0% Senior Subordinated Notes due 2022 pursuant to the terms of the indenture governing the 7.0% Notes.

About Sonic Automotive

Sonic Automotive, Inc., a Fortune 500 company based in Charlotte, N.C., is one of the nation's largest automotive retailers. Sonic can be reached on the web at www.sonicautomotive.com.