Arko Holdings to redeem outstanding series C bonds due 2024

By Taylor Fox

New York, March 8 – Arko Holdings Ltd., a wholly-owned subsidiary of Arko Corp., plans to fully redeem its outstanding NIS 243,234,808 4.85% series C corporate bonds due 2024, according to an 8-K filing with the Securities and Exchange Commission.

The bonds will be redeemed March 30 at a price of NIS 1.084 per NIS 1.

The total amount paid to holders of the series C bonds will be approximately NIS 264 million.

Arko Holdings is a holding company based in Israel. Arko is a grocery store company based in Richmond, Va.

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