Parkland Corporation 4.5% 01-OCT-2029Parkland Corporation 4.5% 01-OCT-2029Parkland Corporation 4.5% 01-OCT-2029

Parkland Corporation 4.5% 01-OCT-2029

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PKIUF5159100 analysis



Key facts


Issue date
Apr 13, 2021
Maturity date
Oct 1, 2029
Outstanding amount
‪800.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
4.50% (Fixed)
Yield to maturity
6.06%
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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