Parkland Corporation 5.875% 15-JUL-2027Parkland Corporation 5.875% 15-JUL-2027Parkland Corporation 5.875% 15-JUL-2027

Parkland Corporation 5.875% 15-JUL-2027

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.55%
Maturity date
Jul 15, 2027
Term to maturity
2 years

About Parkland Corporation 5.875% 15-JUL-2027


Sector
Distribution Services
Industry
Wholesale Distributors
Home page
Issue date
Jul 10, 2019
FIGI
BBG00PK2KDW1
Parkland Corp. engages in the market and distribution of petroleum products. It operates through the following business segments: Canada, United States of America (USA), Supply, International and Corporate. The Canada segment operates and supports a coast-to-coast network of retail gas stations, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers. The USA segment supports a network of gas stations and delivers bulk fuel, lubricants and other related products and services to customers throughout Arizona, Colorado, Florida, Idaho, Minnesota, Montana, New Mexico, Nevada, North Dakota, South Dakota, Utah and Wyoming. The Supply segment consists of logistics, marketing, supply, distribution and the burnaby refinery. The International segment includes assets located in the Caribbean and northeastern coast of South America. The Corporate segment involves in centralized administrative services and expenses incurred to support operations. The company was founded in 1977 and is headquartered in Calgary, Canada.
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