---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-004829"
form_type: "8-K"
ticker: "GLP"
cik: "0001323468"
company_name: "GLOBAL PARTNERS LP"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:46:02.582822+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Partners LP issues $450M of 8.250% senior notes due 2032

## Summary
- $450M aggregate principal of 8.250% senior notes due Jan 15, 2032; interest semi-annual starting July 2024.
- Notes are senior unsecured, guaranteed by certain subsidiaries, with optional redemption at varying prices from 2027.
- Indenture restricts additional debt, dividends, investments, asset sales; includes change-of-control repurchase at 101%.
- Events of default include payment default, covenant breach, bankruptcy, and cross-acceleration on >$50M other debt.

## SEC filing metadata
- accession: 0001104659-24-004829
- form_type: 8-K
- ticker: GLP
- cik: 0001323468
- company_name: GLOBAL PARTNERS LP
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1323468/000110465924004829/0001104659-24-004829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1323468/000110465924004829/tm243577d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-004829
- JSON: https://secwatch.observer/filing/0001104659-24-004829.json
- Plain text: https://secwatch.observer/filing/0001104659-24-004829.txt

## Key facts
- Debt Financings
  GLOBAL PARTNERS LP incurred senior notes of $450.0 million aggregate principal amount with Regions Bank at 8.250% per annum maturing January 15, 2032.
  - Instrument: senior notes
  - Principal: $450.0 million aggregate principal amount
  - Counterparty: Regions Bank
  - Rate: 8.250% per annum
  - Maturity: January 15, 2032
  - Event: incurrence
  source text: completed their previously announced private placement of $450.0 million aggregate principal amount of the Issuers’ 8.250% senior notes due 2032
  evidence_url: https://www.sec.gov/Archives/edgar/data/1323468/000110465924004829/0001104659-24-004829-index.htm
- Material Agreements
  GLOBAL PARTNERS LP entered into Indenture with Regions Bank, as trustee valued at $450.0 million aggregate principal amount (effective 2024-01-18).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Regions Bank, as trustee
  - Value: $450.0 million aggregate principal amount
  - Effective: 2024-01-18
  source text: completed their previously announced private placement of $450.0 million aggregate principal amount of the Issuers’ 8.250% senior notes due 2032 (the “ Notes ”). The Notes were issued pursuant to an indenture, dated as of January 18, 2024 (the “ Indenture ”), by and among the Issuers, certain subsidiaries of the Partnership as guarantors (the “ Guarantors ”) and Regions Bank, as trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1323468/000110465924004829/0001104659-24-004829-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
