---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-238575"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T11:59:57.660498+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP issues $500M of 7.000% senior notes due 2028 to repay revolver

## Summary
- Issued $500M aggregate principal of 7.000% senior notes due September 15, 2028.
- Net proceeds of ~$494M used to repay outstanding borrowings under revolving credit facility.
- Interest payable semi-annually on March 15 and September 15, beginning March 15, 2024.
- Notes are senior unsecured and guaranteed by certain existing and future subsidiaries.
- Redeemable at par plus make-whole premium before September 15, 2025; thereafter at specified prices.

## SEC filing metadata
- accession: 0001193125-23-238575
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000119312523238575/0001193125-23-238575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000119312523238575/d466564d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-238575
- JSON: https://secwatch.observer/filing/0001193125-23-238575.json
- Plain text: https://secwatch.observer/filing/0001193125-23-238575.txt

## Key facts
- Material Agreements
  Sunoco LP entered into Indenture dated September 20, 2023 with U.S. Bank Trust Company, National Association valued at $500,000,000 aggregate principal amount of 7.000% senior notes due 2028 (effective 2023-09-20).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $500,000,000 aggregate principal amount of 7.000% senior notes due 2028
  - Effective: 2023-09-20
  source text: On September 20, 2023, Sunoco LP (NYSE: SUN) (the “Partnership”) and Sunoco Finance Corp. (“Finance Corp.” and, together with the Partnership, the “Issuers”) completed a private offering to eligible purchasers (the “Notes Offering”) of $500,000,000 aggregate principal amount of 7.000% senior notes due 2028 (the “Notes”), along with the related guarantees of the Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000119312523238575/0001193125-23-238575-index.htm

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