Sunoco将优先股上调15亿美元

2025-09-05 16:56

Sunoco LP (NYSE:SUN) priced a private offering of 1.5 million of its 7.875% series A fixed-rate reset cumulative redeemable perpetual preferred units at an offering price of $1,000 per unit.
Gross proceeds expected to be $1.5 billion from the sale of the Series A Preferred Units before deducting the initial purchasers' discount and other estimated offering expenses.
This offering was upsized from an initial offering size of 1 million Series A Preferred Units.
The offering is expected to settle on September 18, 2025.
net proceeds together with the net proceeds of the previously announced private offering of its senior notes due 2031 in an aggregate principal amount of $1 billion and senior notes due 2034 in an aggregate principal amount of $900 million to fund a portion of the cash consideration for the Parkland Acquisition and related transaction costs, with the remaining proceeds for general corporate purposes.

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