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      ALIMENTATION COUCHE-TARD PRICES PRIVATE OFFERING OF EURO DENOMINATED SENIOR UNSECURED NOTES

      LAVAL, QC, April 14, 2026 /CNW/ - Alimentation Couche-Tard Inc. ("Couche-Tard") (TSX:ATD) announced today that it has priced a private debt offering of Euro denominated senior unsecured notes due 2033 with an aggregate principal amount of €750 million (the "Notes").

      The Notes will carry a coupon of 3.901% per annum and will be sold at par.

      The offering of the Notes is expected to close on or about April 21, 2026, subject to the satisfaction of customary closing conditions. Couche-Tard intends to use the net proceeds from the sale of the Notes for the repayment of outstanding indebtedness, including without limitation the refinancing of Couche-Tard's senior unsecured notes denominated in Euro due May 6, 2026, and to pay certain fees and expenses in connection therewith.

      The Notes will be direct unsecured obligations of Couche-Tard and will rank pari passu with all other current and future senior unsecured and unsubordinated indebtedness of Couche-Tard and will be guaranteed on a senior unsecured basis by certain of Couche-Tard's wholly-owned subsidiaries who are guarantors under Couche-Tard's senior credit facilities.

      The Notes will be offered in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with the exemption from registration set forth in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons in accordance with the exemption from registration set forth in Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws and foreign securities laws.

      The issuance and sale of the Notes have not been, and will not be, qualified under the securities laws of any province or territory of Canada and, accordingly, the offer and sale of the Notes in Canada will be made in the provinces of Canada on a basis which is ...

      Full story available on Benzinga.com


      Source: Benzinga
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