Brief: NuStar Energy L.P. Announces Sale Of Eight Terminal Locations To Sunoco LP

NuStar Energy LP

02/08/2021 12:41

Aug 2 (Reuters) - NuStar Energy LP  NS.N :
    * NUSTAR ENERGY L.P. ANNOUNCES SALE OF EIGHT TERMINAL
LOCATIONS TO
SUNOCO LP
    * NUSTAR ENERGY LP - ENTERED INTO AGREEMENT TO SELL ITS
STORAGE
TERMINALS IN NORTHEAST AND ONE TERMINAL IN FLORIDA TO SUNOCO LP
FOR $250 MILLION
    * NUSTAR ENERGY LP - PROCEEDS TO BE USED TO IMPROVE DEBT
METRICS
AND FINANCIAL FLEXIBILITY
    * NUSTAR ENERGY LP - CONTINUE TO EXPECT TO SELF-FUND
SPENDING FROM
INTERNALLY GENERATED CASH FLOWS, IN 2021 AND BEYOND

Source text for Eikon:  ID:nBw1Dz3Tza 
Further company coverage:  NS.N 

 ((Reuters.Briefs@thomsonreuters.com;))