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Alimentation Couche-Tard, Inc.: Update to credit analysis

Our credit view of this issuer reflects its large global scale, strong market positions and large free cash flow generation, against acquisitions that temporality elevates leverage.

Moody's Ratings affirms Alimentation Couche-Tard's Baa1 rating, outlo...

Rating Action: Moody's Ratings affirms Alimentation Couche-Tard's Baa1 rating, outlook stable. Global Credit Research- 18 Mar 2026. Toronto, March 18, 2026-- Moody's Ratings has affirmed Alimentation Couche-Tard, Inc.' s Baa1 senior unsecured rating and its P-2 backed commercial paper program rating.

Alimentation Couche-Tard, Inc. - July 2025 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Alimentation Couche-Tard, Inc.: Update to credit analysis

Our credit view of this issuer reflects its strong free cash flow generation, against its high capital investment necessary to maintain store relevance.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Alimentation Couche-Tard, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 14 May 2024 in which Moody's reassessed the appropriateness of the ratings i...

Moody's rates Alimentation Couche-Tard's senior unsecured notes Baa1

Moody's Investors Service ("Moody's") has assigned Baa1 ratings to Alimentation Couche-Tard, Inc.'s ("ACT") new C$800 million senior unsecured notes due 2030. The Baa1 ratings on ACT's existing senior unsecured notes and Prime-2 rating on its backed commercial paper (foreign) remain unchanged. The o...

Alimentation Couche-Tard, Inc.: Update to credit analysis following up...

Our credit view of this issuer reflects its track record of deleveraging following acquisitions, offset by periodic large acquisitions and expectations of lower fuel demand.

Moody's upgrades Alimentation Couche-Tard's rating to Baa1, outlook st...

Moody's Investors Service ("Moody's") has upgraded Alimentation Couche-Tard, Inc.'s ("ACT") long-term senior unsecured rating (foreign and domestic currency) to Baa1 from Baa2 and affirmed its P-2 backed senior unsecured commercial paper (foreign currency) program rating. The outlook remains stable....

Alimentation Couche-Tard, Inc.: Acquisition of TotalEnergies sites bro...

Acquisition is credit positive because it adds to ACT’s scale and broadens its regional presence in Europe, with a modest increase in leverage.

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