Casey’s General Stores draws down $100 million on revolving loan

By Sarah Lizee

Olympia, Wash., April 2 – Casey’s General Stores, Inc. drew down $100 million on its revolving credit facility to maintain flexibility, according to a press release.

Following the draw, the company still has $150 million in capacity under its facilities.

The company said it has a debt to EBITDA ratio of 2.2x.

Casey's is a convenience store operator based in Ankeny, Iowa.

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