Casey's General Stores issues $250M senior notes at 5.23% and 5.43%

CASEYS GENERAL STORES INC

Issued $150M Series I Notes at 5.23% due 2031 and $100M Series J Notes at 5.43% due 2034.
Proceeds from the notes will fund the previously announced acquisition of Fikes Wholesale, Inc. and Group Petroleum Services, Inc.
Covenants include max leverage ratio of 4.00:1.00 (4.50:1.00 for material acquisitions), minimum fixed charge coverage, and minimum net worth.
Amended existing note purchase agreements to add Most Favored Lender covenant and conform financial covenants.

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