LCM Investments Holdings II, LLC, a Delaware limited liability company, which owns all or a supermajority of the equity interests of the operating entities of Morgan Automotive, the 2nd largest U.S.-based private automotive retailer based on 2022 unit volume, has offered US$350 million aggregate principal amount of 8.250% Senior Notes due 2031.

Latham & Watkins LLP represented the initial purchaser in the offering with a capital markets team led by New York partners Michael Benjamin and Andrew Baker, with associates Shawn Quinn, Matt Schlanger, and Vanessa Hillabrand. Advice was also provided on tax matters by Chicago partner Rene de Vera.