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

AUTODOC has successfully issued its first institutional debt, a EUR 530 million Term Loan B, to optimize its capital structure and support future growth and potential IPO plans.

Philly Metrowire Staff
Business
AUTODOC Secures EUR 530 Million Term Loan B in Landmark Institutional Debt Issuance

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

The Term Loan B has a tenor of 7 years and carries interest of EURIBOR +3.50%. 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 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.

In connection 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. According to CEO Dmitri Zadorojnii, 'This transaction is a defining moment for AUTODOC - one that sharpens who we are and how we operate. 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.'

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. It also gives us a track record with institutional investors and strengthens our optionality for a potential IPO - which remains on our agenda, with timing dependent on market conditions.'

As AUTODOC moves forward as an institutionally structured company, it 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. The company, founded in Berlin in 2008, has grown to offer around 7.8 million SKUs from about 2,700 brand manufacturers across 27 European countries, generating EUR 1.8 billion in sales revenue in 2025.

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