LKQ · 10-Q · 2026Q3 · Full report

Interest Rate Exposure

LKQ CORP · 2026-10-29 · Importance 12 · Surprise 6

At September 30, 2026, the weighted average interest rate on borrowings under LKQ’s Senior Unsecured Credit Agreement was 5.2%, and the overall weighted average rate including senior notes and the CAD Note was 5.0%. Borrowings under the credit agreement bear interest at SOFR or other applicable currency risk-free rates plus a spread; the CAD Note uses either a term rate based on the Canadian Overnight Repo Rate Average or the Canadian Prime Rate, plus a spread. Outstanding borrowings under revolving credit facilities and term loans were $1.072 billion at September 30, 2026.

Key facts

• LKQ’s weighted average interest rate on Senior Unsecured Credit Agreement borrowings was 5.2% at September 30, 2026; its overall weighted average borrowing rate, including senior notes and the CAD Note, was 5.0%. source