12:51 PM EDT, 03/20/2024 (MT Newswires) -- Morningstar DBRS on Wednesday changed the trend on Parkland Corp.'s ( PKIUF ) issuer rating and senior unsecured notes rating to positive from stable and confirmed the ratings at BB.

Morningstar DBRS confirmed the recovery rating on the company's senior unsecured notes at RR4.

"The trend changes reflect a gradual strengthening of Parkland's business risk profile, which has benefitted from the successful integration of the Company's multiple acquisitions in recent years," the rating agency said.

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