12:32 PM EDT, 08/16/2024 (MT Newswires) -- Parkland Corp ( PKIUF ) on Friday said it closed a private placement of notes that raised US$500 million

The refiner and gas-stop operator said the 6.625% senior unsecured notes due 2032 were sold to institutional buyers.

Proceeds will be used to repay a portion of the outstanding drawings under its credit facilities.

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