ARKO Corp. announced the public filing with the Securities and Exchange Commission of a registration statement for the proposed IPO of its subsidiary, ARKO Petroleum Corp.
The IPO will involve Class A common stock of ARKO Petroleum Corp. that includes operations in wholesale, fleet fueling, and GPMP segments.
UBS Investment Bank, Raymond James, and Stifel will lead the offering with Mizuho and Capital One Securities as joint book-running managers.
Proposed IPO
The registration statement for the proposed IPO of ARKO Petroleum Corp. has been filed but is not yet effective.
Lead Managers
UBS Investment Bank, Raymond James, and Stifel will be the lead book-running managers for the IPO.
Joint Book-Running Managers
Mizuho and Capital One Securities will also play roles as joint book-running managers in the offering.
- ARKO Corp. aims to enhance its strategic plan through the IPO of ARKO Petroleum Corp.
- The IPO will expand ARKO Corp.'s reach in wholesale distribution of motor fuels to its retail convenience stores.
The registration statement sets the stage for a significant financial milestone for ARKO Corp. and its subsidiary.