Brief: Sunoco Announces Pricing Of Private Offering Of Senior Notes

Sunoco LP (Texas)

16/04/2024 22:44

April 16 (Reuters) - Energy Transfer LP  ET.N :
    * SUNOCO LP ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR
NOTES
    * SUNOCO LP - PRICED AT 100% A PRIVATE OFFERING OF 7.000%
SENIOR
NOTES DUE 2029 IN AGGREGATE AMOUNT OF $750 MILLION
    * SUNOCO LP - PRICED 7.250% SENIOR NOTES DUE 2032 IN AN
AGGREGATE
AMOUNT OF $750 MILLION
    * SUNOCO LP - INTENDS TO USE NET PROCEEDS FROM OFFERING TO
REPAY
OUTSTANDING INDEBTEDNESS OF NUSTAR ENERGY L.P. IN CONNECTION
WITH PENDING MERGER
    * SUNOCO LP - INTENDS TO USE NET PROCEEDS FROM OFFERING TO
FUND
REDEMPTION OF NUSTAR'S PREFERRED UNITS IN CONNECTION WITH NUSTAR
MERGER

Source text for Eikon:  ID:nPnbCwJBPa 
Further company coverage:  ET.N 

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