Parkland Finalizes $500M Unsecured Notes Private Offering

Parkland (TSE:PKI) has released an update.

Parkland Corporation has completed a private offering of $500 million in senior unsecured notes due in 2032, with plans to use the proceeds to pay down a portion of its credit facility borrowings. The notes, aimed at qualified institutional buyers in the U.S. and accredited investors in Canada, will not be publicly traded unless registered.

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