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Parkland Fuel Corporation: Parkland Fuel's notes issuance and revolver...

Parkland's notes issuance and revolver increase is credit positive because it will push out near term maturities and improve liquidity.

Parkland Fuel Corporation: Update to credit analysis following upgrade...

Our credit view of Parkland, reflecting its strong market position and large scale, tempered by an aggressive acquisition strategy and exposure to volatile refining cash flow.

Moody's upgrades Parkland to Ba2; outlook stable

Rating Action: Moody's upgrades Parkland to Ba2; outlook stable. Global Credit Research- 12 Dec 2019. Approximately US $1 billion of rated debt affected.

Moody's announces completion of a periodic review of ratings of Parkla...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Parkland Fuel Corporation. Global Credit Research- 24 Oct 2019. Toronto, October 24, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Parkland Fuel Corporation and other ratings that are associated with the same analytical unit.

Parkland Fuel Corporation: Covenant Quality Pre-Sale Snapshot: US$500m...

Parkland Fuel Corporation’s covenant package provides lower-tier weak covenant protection (4.04).

Parkland Fuel Corporation: Update to credit analysis following upgrade...

Our credit view of Parkland, reflecting its strong market position and large scale in Canada, tempered by execution risks surrounding its aggressive acquisition strategy.

Moody's affirms Parkland Fuel's Ba3 CFR; rates new unsecured notes B1

Rating Action: Moody's affirms Parkland Fuel's Ba3 CFR; rates new unsecured notes B1. Global Credit Research- 24 Jun 2019. $1 billion of debt rated.

Parkland Fuel Corporation: Exposure to carbon transition risk will inc...

Parkland's refinery and gas stations will be pressured by carbon transition risk, but acquisitions, geographic diversity and increased non-fuel sales will help.

Parkland Fuel Corporation: Update to credit analysis following upgrade...

Our credit view of Parkland, reflecting its strong market position and large scale in Canada, tempered by execution risks surrounding its aggressive acquisition strategy.

Moody's affirms Parkland's Ba3 CFR and upgrades liquidity rating to SG...

Rating Action: Moody's affirms Parkland's Ba3 CFR and upgrades liquidity rating to SGL-3. Global Credit Research- 07 Feb 2019. $500 million of debt rated.

Parkland Fuel Corporation: Update following ratings affirmation on acq...

Our credit view of Parkland, reflecting its strong market position and large scale in Canada, tempered by executions risks surrounding its aggressive acquisition strategy.

Moody's affirms Parklands Ba3 CFR; outlook stable

Moody's Investors Service ("Moody's") affirmed Parkland Fuel Corporation's (Parkland) Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), B1 senior unsecured notes rating and downgraded the Speculative Grade Liquidity (SGL) rating to SGL-4 from SGL-3. The out...

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