Skip to main content

Parkland announces additional measures to further enhance financial flexibility

CALGARY, Alberta, March 25, 2021 (GLOBE NEWSWIRE) -- Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX:PKI) is pleased to announce an amended syndicated senior secured credit facility agreement (the “Agreement”) and the establishment of an at-the-market (“ATM”) equity program. Parkland also announced today the closing of its previously announced private placement (the "Offering") of $600 million aggregate principal amount of senior unsecured notes due 2029 (the "Notes"). The Notes bear an interest rate of 4.375% per annum and were priced at par. Read More

from Financial Post https://ift.tt/3tTJns1

Comments

Popular posts from this blog

With Trump’s WeChat ban approaching, here are several alternatives

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism,  subscribe today . WeChat, China’s most popular app, faces an imminent ban in the U.S. , leaving many of its users in a bind. The White House said Friday it would prohibit WeChat , owned by Beijing-based Tencent, from appearing in U.S. app stores starting Sunday at midnight.  Though WeChat has a comparatively minor U.S. presence, it remains a major conduit for communications between Chinese nationals living abroad and their friends and family back home . The app has an average of 19 million million daily active users in the U.S. versus more than a billion worldwide.  WeChat, called Weixin in China, is effectively the operating system for people’s digital lives in China. They use it to pay for services, hail cabs, go shopping, read news, chat, and more. For people seeking to bridge the digital divide between the U.S. and China, WeChat is not easily re...