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Yesway Announces Refinancing of Approximately $460 Million Bank Credit Facility News provided by Share this article Share this article BEVERLY, Mass., April 6, 2021 /PRNewswire/  Yesway, one of the largest and fastest growing convenience store chains in the United States, today announced that it has successfully completed the refinancing of its term loan and revolving credit facilities in the amount of $410 million and $125 million, respectively.  The new capital will be used to pay down its existing debt facilities and for general corporate purposes, including to finance its raze and rebuild strategy with respect to some of its existing stores.  Prior to the allocation of the new facility, Yesway received upgrades to its corporate and credit facility ratings from both Moody s in connection with the transaction and S&P in December 2020 to B2/B+ and B1/B+, respectively, reflecting, among other things, the company s solid operating performance in a challenging 2020. 

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