Advance Auto Parts Announces Redemption of 5.750% Notes Due 2020

RALEIGH, N.C.–(BUSINESS WIRE)–Jan. 29, 2019–
Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket
parts provider in North America that serves both professional installer
and do-it-yourself customers, today announced it will redeem the $300
million aggregate principle of its 5.750% Notes due 2020 using available
cash on hand.

“I am pleased with our teams’ ability to deliver meaningful financial
and operational improvements over the past several quarters,” said
Executive Vice President and Chief Financial Officer Jeff Shepherd. “We
remain incredibly disciplined in our approach to managing cash and

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