Ampol (ASX:ALD) secured a cornerstone investment from KKR in its AU$400 million financing transaction, according to a Monday statement from the investment firm.
KKR is making this investment from its Asia Pacific Credit strategy and insurance platform, with support from Clifford Capital.
Ampol will use the funds for refinancing initiatives and other general corporate purposes.
Ampol's shares rose nearly 3% in recent trading on Monday.