Parkland Fuel Corporation closes offering of C$200 million senior notes

November 21, 2014

Client: Royal Bank of Canada

On November 21, 2014, Parkland Fuel Corporation, North America's fastest growing distributor and marketer of fuels and lubricants, closed its private placement of C$200 million senior notes due 2022 (the "Notes") (the "Offering"). The Notes bear interest at the rate of 6.0% per annum, payable semi-annually in arrears.

The Offering was underwritten by RBC Capital Markets and Scotiabank as joint bookrunners, and Canaccord Genuity, CIBC World Markets and National Bank Financial as co-managers.

The underwriters were represented by Norton Rose Fulbright with a team led by Marcus Archer and included Rick Borden, Marlow Gereluk, Dion Legge, Jason Giborski and Anna Wingfield.