ARKO Corp, founded in 2013 and headquartered in Nashville, Tennessee, is a leading convenience store operator and fuel distribution company. The firm focuses on acquiring and operating convenience stores across the United States, offering a wide range of products from fuel to everyday essentials.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ARKO 5.13% 2029-11-15 USDARKO Corp | United States | 2029-11-15 | 5.125 | 8.56 |
| ARKO 5.13% 2029-11-15 USDARKO Corp | United States | 2029-11-15 | 5.125 | 8.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ARKO Corp has been active in the bond market since 2018, issuing its inaugural bond in November that year, which raised $300 million to fund acquisitions. Notably, in 2020, the company launched a $450 million bond offering that featured a unique call provision allowing early redemption after three years, reflecting the company’s growth strategy. As of October 2023, ARKO's bonds yield approximately 5.5%, which is competitive within the retail sector, underpinned by the issuer's robust cash flow and strategic positioning in the convenience retail space.