Exhibit 5.3
September 29, 2020
Advance Auto Parts, Inc.
2635 East Millbrook Road
Raleigh, North Carolina 27604
Ladies and Gentlemen:
We have acted as local Nevada counsel to Advance Auto Parts, Inc., a Delaware corporation (the “Company”), and Golden State Supply LLC, a Nevada limited liability company (the “Nevada Guarantor”), in connection with the registration under the Securities Act of 1933, as amended (the “Act”), pursuant to the Registration Statement on Form S-3 (File No. 333-248963) (the “Registration Statement”), including the base prospectus, dated September 22, 2020 (the “Base Prospectus”), contained therein, as supplemented by the preliminary prospectus supplement, dated September 22, 2020 (the “Preliminary Prospectus Supplement”), and the final prospectus supplement, dated September 22, 2020 (the “Final Prospectus Supplement” and, together with the Base Prospectus and the Preliminary Prospectus Supplement, the “Prospectus”), each as filed by the Company with the Securities and Exchange Commission (the “Commission”), of $350,000,000 aggregate principal amount of the Company’s 1.750% Notes due 2027 (the “Notes”), issued pursuant to (i) that certain Indenture, dated as of April 29, 2010, by and among the Company, the subsidiary guarantors from time to time party thereto and Wells Fargo Bank, National Association, as trustee (the “Trustee”), as supplemented by the Eighth Supplemental Indenture, dated as of the date hereof (the “Eighth Supplemental Indenture”), by and among the Company, the Subsidiary Guarantors (as defined therein) party thereto, including the Nevada Guarantor, and the Trustee (as so supplemented, the “Indenture”), including the guarantee set forth in Article Ten thereof (the “Guarantee” and, together with the Notes, the “Securities”), and (ii) that certain Underwriting Agreement, dated as of September 22, 2020 (the “Underwriting Agreement”), by and among the Company, the Subsidiary Guarantors (as defined therein) party thereto, including the Nevada Guarantor, and J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters named in Schedule 1 of the Underwriting Agreement.
In our capacity as such counsel, we are familiar with the proceedings taken and proposed to be taken by the Company and the Nevada Guarantor in connection with the registration and issuance of the Notes and the guarantee thereof by the Nevada Guarantor pursuant to the Indenture, as contemplated by the Underwriting Agreement and as described in the Registration Statement and the Prospectus. For purposes of this opinion letter, and except to the extent set forth in the opinions below, we have assumed all such proceedings have been timely completed or will be timely completed in the manner presently proposed in the Registration Statement and the Prospectus.
For purposes of issuing this opinion letter, we have made such legal and factual examinations and inquiries, including an examination of originals or copies certified or otherwise identified to our satisfaction as being true copies of (i) the Registration Statement, including the Prospectus, (ii) the Indenture, including the Guarantee, (iii) the Underwriting Agreement, (iv) the articles of organization and operating agreement, each as amended to date, of the Nevada Guarantor, (v) the resolutions of the managers of the Nevada Guarantor with respect to the Notes and the guarantee thereof by the Nevada Guarantor pursuant to the Indenture and (vi) such other agreements, instruments, limited liability company records and other documents as we have deemed necessary or appropriate. We have also obtained from managers, officers, representatives and agents of the Nevada Guarantor and from public officials, and have relied upon, such certificates, representations, assurances and public filings as we have deemed necessary or appropriate for the purpose of issuing the opinions set forth herein.
| | |
| | 100 North City Parkway, Suite 1600 |
| | Las Vegas, NV 89106-4614 |
| | main 702.382.2101 |