AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, today announced the placement of its EUR 530 million Term Loan B, a milestone that marks the company's debut in institutional debt markets. The transaction, which also includes a EUR 50 million Revolving Credit Facility (RCF), is a strategic move to optimize the company's capital structure and support its long-term growth ambitions.
The Term Loan B carries an interest rate of EURIBOR +3.50% and has a tenor of 7 years. It was rated Ba3 with stable outlook by Moody's and B+ with positive outlook by S&P. The accompanying 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 repurchase shares held by entities owned or controlled by Apollo-managed funds in Autodoc SE and to pay related fees and expenses.
"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."
The financing package totals EUR 580 million, and the company has established Autodoc Holding SE as the new parent company, with 100% of its shares held by AutoTech GmbH & Co. KG, the investment entity of AUTODOC's three founders. This streamlined corporate structure is designed to support the company's evolution as an institutionally structured company.
"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," said Lennart Schmidt, CFO of AUTODOC. "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."
The move into institutional debt markets is a significant step for AUTODOC, which was founded in Berlin in 2008 and has grown into one of Europe's most exciting e-commerce companies. As of December 31, 2025, the company's product assortment comprised around 7.8 million SKUs from approximately 2,700 brand manufacturers, and it generated sales revenue of EUR 1.8 billion in 2025, up from EUR 1.6 billion in 2024. AUTODOC operates online shops in 27 European countries and employs more than 5,500 people across 13 locations.
"This transaction promotes long-term financial flexibility and accelerates shareholder returns without any equity dilution," Schmidt added. The company is continuing to build its automotive tech ecosystem, combining advanced AI capabilities, data-driven decision-making, and an enhanced digital experience for customers and professional partners.
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