|Date Announced:||August 22, 2016|
|Date Closed:||September 07, 2016|
|Client Name:||Parkland Fuel Corporation|
The net proceeds of the offering will be used by Parkland to fund a portion of the costs to be incurred by Parkland in connection with its acquisition of the majority of the Canadian business and assets of CST Brands Inc. from Alimentation Couch-Tard Inc. Closing of the acquisition is expected to occur in early 2017.
The offering was completed by a syndicate of underwriters led by TD Securities Inc. and National Bank Financial Inc. and including RBC Dominion Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and AltaCorp Capital Inc.
Parkland was represented by Bennett Jones LLP with a team led by John Piasta (Capital Markets) and including Murray Coleman (Banking), Greg Johnson (Tax), Elyse van Spronsen and Kristopher Simard (Capital Markets).