(RTTNews) - Alimentation Couche-Tard Inc. (ATD.TO) announced that it has successfully completed the issuance of unsecured senior notes for a total amount of 1.2 billion USD, divided into two tranches. Furthermore, the company also issued unsecured senior notes denominated in Canadian dollars for an amount of 500 million CAD.



The US dollar bonds include 700 million USD of unsecured senior notes at 4.148%, maturing in 2028, and 500 million USD of unsecured senior notes at 5.077%, maturing in 2035. The Canadian dollar bonds consist of 500 million CAD of unsecured senior notes at 3.864%, maturing in 2032. These issuances demonstrate Couche-Tard's continued access to diversified funding sources and its commitment to financial flexibility.

The closing of the issuance of USD bonds is expected to take place around September 29, 2025, while that of CAD bonds is scheduled for around September 26, 2025.

Couche-Tard plans to use the net proceeds from the sale of the bonds to repay the debt incurred under its U.S. commercial paper program.
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