Parkland completes US$500M note offering

On March 23, 2018, Parkland Fuel Corp. (Parkland) closed a private placement of US$500-million aggregate principal amount of 6.0% senior unsecured notes due 2026.

Parkland was represented in Canada by Bennett Jones LLP with a team led by John Piasta that included Harinder Basra and Duncan D’Arcy (capital markets), Greg Johnson (tax), Steve Lutz and Adam Taylor (banking) and in the United States by Cahill Gordon & Reindel LLP with a team that included Corey Wright, Kimberly Petillo-Décossard, Ross Sturman, Joseph Rosati and Devon McLaughlin.

The initial purchasers were represented by Dentons Canada LLP in Canada with a team consisting of Dan Shea, William Gilliland and Dan Cerchia (capital markets) and in the United States by Gibson Dunn & Crutcher LLP with a team that included Doug Rayburn, Rodrigo Surcan, Eric Pacifici and Blair Watler (corporate), James Chenoweth and Victor Lee (tax) and Kyle Neema Guest (environmental).