Convenience Store Operator Yesway Raises $280 Million in US IPO

A Yesway convenience store in Texas.Source: Hand-out/Yesway

Convenience store operator Yesway Inc. raised $280 million in an upsized initial public offering priced at the bottom of the marketed range.

The Fort Worth, Texas-based chain sold 14 million shares at $20 each, according to a statement Tuesday. Yesway marketed 13.95 million shares for $20 to $23.