Parkland Corp, founded in 2000 and headquartered in Calgary, Alberta, is a prominent independent marketer and distributor of fuel and petroleum products across North America and internationally. The company engages in retail and wholesale distribution, offering a comprehensive range of services that include convenience store operations and commercial fuel solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PKICN 3.88% 2026-06-16 CADParkland Corp | Canada | 2026-06-16 | 3.875 | 3.96 |
| PKICN 3.88% 2026-06-16 CADParkland Corp | Canada | 2026-06-16 | 3.875 | 3.96 |
| PKICN 4.38% 2029-03-26 CADParkland Corp | Canada | 2029-03-26 | 4.375 | 4.80 |
| PKICN 4.38% 2029-03-26 CADParkland Corp | Canada | 2029-03-26 | 4.375 | 4.90 |
| PKICN 4.50% 2029-10-01 USDParkland Corp | Canada | 2029-10-01 | 4.500 | 5.18 |
| PKICN 4.50% 2029-10-01 USDParkland Corp | Canada | 2029-10-01 | 4.500 | 5.17 |
| PKICN 4.63% 2030-05-01 USDParkland Corp | Canada | 2030-05-01 | 4.625 | 5.20 |
| PKICN 4.63% 2030-05-01 USDParkland Corp | Canada | 2030-05-01 | 4.625 | 5.11 |
| PKICN 5.88% 2027-07-15 USDParkland Corp | Canada | 2027-07-15 | 5.875 | 5.85 |
| PKICN 5.88% 2027-07-15 USDParkland Corp | Canada | 2027-07-15 | 5.875 | 5.84 |
| PKICN 6.00% 2028-06-23 CADParkland Corp | Canada | 2028-06-23 | 6.000 | 5.96 |
| PKICN 6.00% 2028-06-23 CADParkland Corp | Canada | 2028-06-23 | 6.000 | 6.38 |
| PKICN 6.63% 2032-08-15 USDParkland Corp | Canada | 2032-08-15 | 6.625 | 6.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Parkland Corp has actively participated in the bond market since its early years, issuing its first bonds in 2015 to finance acquisitions and expand its operations. Noteworthy issuances include the 2020 bond offering that helped fund the purchase of the Chevron Canada assets, reflecting its strategy of growth through acquisitions. As of October 2023, Parkland's corporate bonds are yielding approximately 4.5%, which sits competitively within the industry, showcasing strong demand amid a resilient business model.