other material
confidence high
sentiment neutral
materiality 0.30
Global Partners LP completes Series A preferred unit redemption at $25/unit; declares Series B distribution
GLOBAL PARTNERS LP
- Redeemed all outstanding Series A preferred units on April 15, 2024 at $25/unit plus $0.514275/unit cash distribution.
- Series A preferred units no longer outstanding after redemption.
- Declared quarterly cash distribution of $0.59375/unit on Series B preferred units, payable May 15, 2024 to holders of record May 1, 2024.