Arko Corporation's wholly-owned subsidiary, GPM Investments, LLC, has entered into significant amendments with M&T Bank concerning its financial agreements. On May 13, 2025, GPM finalized an Amendment to the Third Amended and Restated Credit Agreement, increasing the total principal amount of its real estate loans from $49.5 million to $83.7 million. These loans, secured by acquired real properties, are set to mature in May 2030 and will bear interest at SOFR plus 2.25%. Additionally, the company has revised its Master Covenant Agreement with M&T Bank to align with the updated credit terms and introduce minor changes. This strategic financial maneuver is designed to enhance GPM's real estate investments while maintaining favorable borrowing terms.
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