Type of financing

Original principal amount of
financing

Financing payment terms

Interest rate

Interest
rate as of
December 31,
2024

Amount
financed as
of
December 31,
2024
(in thousands)

Balance as
of
December 31,
2024
(net of
deferred
financing
costs)
(in thousands)

ARKO Corp.

Senior Notes

$450 million

The full amount of principal is due on maturity date of November 15, 2029.

Fixed rate

5.125%

$

450,000

$

445,263

GPM Investments, LLC

PNC Line of Credit

Up to $140 million

Maturity date of December 22, 2027.

For revolving advances that are Term SOFR Loans: SOFR Adjusted plus Term SOFR (as defined in the agreement) plus 1.25% to 1.75%

For revolving advances that are domestic rate loans: Alternate Base Rate (as defined in the agreement) plus 0% to 0.5%

Every quarter, the margin rates are updated based on the quarterly average undrawn availability of the line of credit.

Unused fee - 0.375% or 0.25% if usage is 25% or more

5.68%

None


$131,574 unused based on borrowing base

None

M&T Term Loans

$49.5 million

$35.0 million of principal is paid in equal monthly installments of approximately $194 thousand based on a 15-year amortization schedule with a balance of $23.1 million due on the maturity date of June 10, 2026.

$14.5 million of principal is paid in equal monthly installments of approximately $80 thousand based on a 15-year amortization schedule with a balance of $9.9 million due on the maturity date of November 10, 2028.

SOFR (as defined in the agreement) plus 3.0%



SOFR (as defined in the agreement) plus 2.75%

7.74%




7.38%

$

39,946

$

39,550

M&T Equipment Line of Credit

Up to $45 million

$3.2 million of the current balance is being paid in equal monthly installments of approximately $363 thousand (principal and interest) with the balance due on the maturity date of September 10, 2025.

$12.7 million of the current balance is being paid in equal monthly principal installments of approximately $330 thousand with the balance due on various maturity dates through September 2028.

Each additional equipment loan tranche borrowed from September 28, 2023 will have a term of up to five years from the date it is advanced.

Fixed rate






SOFR (as defined in the agreement) plus 2.75%

6.90%






7.38%

 $15,851

$29,149 unused

$

15,643

Other M&T Term Loans

$3.0 million

The principal is being paid in monthly installments including interest of approximately $37 thousand with the remaining balance due on various maturity dates through August 2031.

Fixed and variable rate

3.91% to 7.38%

$

2,201

$

2,187

GPMP

Capital One Line of Credit

Up to $800 million

The full amount of the principal is due on the maturity date of May 5, 2028.

For SOFR Loans: Adjusted Term SOFR (as defined in the agreement) plus 2.25% to 3.25%

For alternate base rate loans: Alternate Base Rate (as defined in the agreement) plus 1.25% to 2.25%

The margin is determined according to a formula that depends on GPMP's leverage.

Unused fee ranges from 0.3% to 0.50%

7.43%

$380,800

No borrowings under the Alternate Base rate

$418,700 unused

$

375,951

Total

$

878,594

Amount

(in thousands)

2025

$

13,192

2026

29,877

2027

5,190

2028

392,558

2029

450,167

Thereafter

219

891,203

Deferred financing costs

(10,204

)

 Total debt

$

880,999