ARKO Corp.
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$450 Million Senior Notes |
| Client & Transactional Partners |
ARKO Corp. |
| Our Role |
Joint Bookrunner |
Summary
KeyBanc Capital Markets acted as Joint Bookrunner on ARKO Corp.’s (“ARKO” or the “Company”) $450 Million Senior Notes offering. Proceeds will be used to repay the borrowings outstanding under the Company’s Ares Term Loan facility and the GPMP Capital One Line of Credit, and for general corporate purposes.
ARKO is a leading independent convenience store operator and, as of June 30, 2021, the sixth largest convenience store chain in the United States ranked by store count, operating 1,381 retail convenience stores. As of June 30, 2021, ARKO additionally supplied fuel to 1,647 dealer-operated gas stations.
