AUTODOC, Europe's leading online retailer of automotive spare parts and accessories, announced the placement of a EUR 530 million Term Loan B, marking its first entry into institutional debt markets. The transaction, part of a total financing package of EUR 580 million that includes a EUR 50 million Revolving Credit Facility, is a significant milestone in the company's evolution and capital markets plans.
The Term Loan B carries interest 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 has a tenor of 6.5 years and carries interest of EURIBOR +3.00%, serving 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.
Dmitri Zadorojnii, CEO of AUTODOC, described the transaction as a defining moment. "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. We are entering this next chapter as a lean, highly focused, better prepared company and we are doing so with the balance sheet and governance framework to back it up."
The company's net debt-free balance sheet provided a unique opportunity to introduce this financing framework. Lennart Schmidt, CFO of AUTODOC, emphasized the benefits: "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."
In connection with the transaction, Autodoc Holding SE has been established as the Group's new parent company, with 100 percent of its shares held by AutoTech GmbH & Co. KG, the investment entity of AUTODOC's three founders. This streamlined corporate structure supports AUTODOC's long-term vision of becoming Europe's leading automotive aftermarket tech ecosystem, combining advanced AI capabilities, data-driven decision-making, and an enhanced digital experience for customers and professional partners.
AUTODOC, founded in Berlin in 2008, has grown into one of Europe's most exciting e-commerce companies. As of December 31, 2025, its product assortment comprised around 7.8 million SKUs from about 2,700 brand manufacturers. In 2025, the company generated sales revenue of EUR 1.8 billion, 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.
The successful placement of the Term Loan B underscores AUTODOC's financial discipline and strategic direction, positioning the company for continued growth and potential future capital markets activities. The transaction also provides a benchmark for institutional investors evaluating the company's credit profile and long-term prospects.
