Sunoco LP issues USD 1.2 billion in senior notes due 2031 and 2034

Reuters03-10
Sunoco LP issues USD 1.2 billion in senior notes due 2031 and 2034

Sunoco completed a private offering of USD 1.2 billion of senior unsecured notes, split between USD 600 million of 5.375% notes due 2031 and USD 600 million of 5.625% notes due 2034. Net proceeds were about USD 1.19 billion, which it plans to use to redeem NuStar Logistics’ 6.000% notes due 2026 and its own 6.000% notes due 2027. Before redeeming the 2027 notes, it may use the proceeds to repay borrowings under its revolving credit facility. The notes were issued under an indenture with U.S. Bank Trust Company as trustee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunoco LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-098465), on March 09, 2026, and is solely responsible for the information contained therein.

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