Parkland Finalizes $500M Unsecured Notes Private Offering
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Parkland Finalizes $500M Unsecured Notes Private Offering

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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.

For further insights into TSE:PKI stock, check out TipRanks’ Stock Analysis page.

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