On August 21, 2013, Alimentation Couche-Tard Inc. completed a public offering of $300 million principal amount of 4.214% Series 4 senior unsecured notes due August 21, 2020. The notes were sold through a syndicate of agents composed of National Bank Financial Inc., Scotia Capital Inc., HSBC Securities (Canada) Inc., Desjardins Securities Inc., CIBC World Markets Inc., and Barclays Capital Canada Inc., acting as co-lead agents, with National Bank Financial Inc., Scotia Capital Inc. and HSBC Securities (Canada) Inc. acting as joint bookrunners.
Couche-Tard is the leader in the Canadian convenience store industry as well as the largest independent convenience store operator in terms of number of company-operated stores in the United States. In Europe, through its acquisition of Statoil Fuel & Retail AS in fiscal 2013, Couche-Tard is a leader in convenience store and road transportation fuel in Scandinavian countries and in the Baltic States and has a growing presence in Poland.
Couche-Tard intends to use the net proceeds of the offering to repay indebtedness outstanding under its credit facility used to fund the acquisition of Statoil Fuel & Retail AS.
Fasken Martineau acted as legal counsel to the syndicate of agents with a team that included Jean-Pierre Chamberland, Marie-Josée Neveu, Jean Michel Lapierre, Monica Dingle, Joëlle El-Féghali and Benjamin Somers (securities), Marc Novello and Svetlana Samochkine (banking) and Thomas Copeland (tax).
Couche-Tard is the leader in the Canadian convenience store industry as well as the largest independent convenience store operator in terms of number of company-operated stores in the United States. In Europe, through its acquisition of Statoil Fuel & Retail AS in fiscal 2013, Couche-Tard is a leader in convenience store and road transportation fuel in Scandinavian countries and in the Baltic States and has a growing presence in Poland.
Couche-Tard intends to use the net proceeds of the offering to repay indebtedness outstanding under its credit facility used to fund the acquisition of Statoil Fuel & Retail AS.
Fasken Martineau acted as legal counsel to the syndicate of agents with a team that included Jean-Pierre Chamberland, Marie-Josée Neveu, Jean Michel Lapierre, Monica Dingle, Joëlle El-Féghali and Benjamin Somers (securities), Marc Novello and Svetlana Samochkine (banking) and Thomas Copeland (tax).
