other material
confidence high
sentiment neutral
materiality 0.50
Global Partners LP completes redemption of all 3M Series B Preferred Units at $25/unit
GLOBAL PARTNERS LP
- Redeemed all 3,000,000 Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026.
- Redemption price of $25.00 per unit plus cash distribution from May 15, 2026 through July 29, 2026.
- Series B Preferred Units are no longer outstanding effective July 30, 2026.
- Redemption was previously announced on June 29, 2026 and paid in full on July 30, 2026.