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Parkland Credit Facility

On March 25, 2021, Parkland's existing syndicated credit facility was amended to expand the available facility and extend the maturity date (the "Credit Facility"). The Credit Facility includes a combined revolving facility amount of $1,715 and US$155 with a maturity date of March 25, 2026. The revolving facilities are extendible each year for a rolling five-year period at Parkland's option, subject to approval by the lenders. Security on the Credit Facility consists of the assignment of insurance and priority interests on all present and future Parkland properties and assets. Additionally, certain subsidiaries have provided security in connection with the Credit Facility.

Parkland Corporate Rating

S&P Moody's DBRS Fitch
BB / Stable Ba2 / Stable BB / Stable BB / Stable

Parkland Debt Rating

Currency Amt ($MM) Maturity Coupon S&P Moody’s DBRS Fitch
CAD $300 Jan 2027 6.500% BB - BB BB
USD $500 Jul 2027 5.875% BB Ba3 BB BB
CAD $400 Jun 2028 6.000% BB - BB BB
CAD $600 Mar 2029 4.375% BB - BB BB
USD $800 Oct 2029 4.500% BB Ba3 BB BB
Parkland
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