{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-125272","form_type":"8-K","ticker":"SUN","cik":"0001552275","company_name":"Sunoco LP","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.932497+00:00","generated_at":"2026-06-03T04:22:42.231400+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sunoco LP issues $1.5B of senior notes to finance NuStar merger","bullets":["$750M of 7.000% Senior Notes due 2029 and $750M of 7.250% Senior Notes due 2032 issued.","Net proceeds of ~$1.485M after discounts used to repay NuStar debt and redeem NuStar preferred units.","Notes subject to special mandatory redemption at 100% if NuStar merger not closed by April 22, 2025 or terminated.","Notes are senior unsecured obligations, guaranteed by current and certain future subsidiaries.","Interest payable semi-annually on May 1 and Nov 1, commencing Nov 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-125272","json":"https://secwatch.observer/filing/0001193125-24-125272.json","markdown":"https://secwatch.observer/filing/0001193125-24-125272.md","text":"https://secwatch.observer/filing/0001193125-24-125272.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1552275/000119312524125272/0001193125-24-125272-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1552275/000119312524125272/d779007d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:22:42.231400+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c98070eae5c5ffbef3628ae99a2d3a206b6f632","claim":"Sunoco LP incurred senior notes of $750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 with U.S. Bank Trust Company, National Association at 7.000% maturing May 1, 2029.","evidence_excerpt":"On April 30, 2024, Sunoco LP (NYSE: SUN) (the “Partnership”) completed a private offering to eligible purchasers (the “Notes Offering”) of (i) $750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 (the “2029 Notes”) and (ii) $750 million in aggregate principal amount of its 7.250% Senior Notes due 2032 (the “2032 Notes”","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552275/000119312524125272/0001193125-24-125272-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750 million in aggregate principal amount of its 7.000% Senior Notes due 2029"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"7.000%"},{"label":"Maturity","value":"May 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dbb236d5064e15e0ab0ce818455b8251400bef64","claim":"Sunoco LP incurred senior notes of $750 million in aggregate principal amount of its 7.250% Senior Notes due 2032 with U.S. Bank Trust Company, National Association at 7.250% maturing May 1, 2032.","evidence_excerpt":"On April 30, 2024, Sunoco LP (NYSE: SUN) (the “Partnership”) completed a private offering to eligible purchasers (the “Notes Offering”) of (i) $750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 (the “2029 Notes”) and (ii) $750 million in aggregate principal amount of its 7.250% Senior Notes due 2032 (the “2032 Notes”","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552275/000119312524125272/0001193125-24-125272-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750 million in aggregate principal amount of its 7.250% Senior Notes due 2032"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"7.250%"},{"label":"Maturity","value":"May 1, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ca9b04d56044f250eb228b4a423c4143f0b10c09","claim":"Sunoco LP entered into Indenture with U.S. Bank Trust Company, National Association valued at $750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 (the “2029 Notes”) an (effective 2024-04-30).","evidence_excerpt":"On April 30, 2024, Sunoco LP (NYSE: SUN) (the “Partnership”) completed a private offering to eligible purchasers (the “Notes Offering”) of (i) $750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 (the “2029 Notes”) and (ii) $750 million in aggregate principal amount of its 7.250% Senior Notes due 2032 (the “2032 Notes” and, collectively with the 2029 Notes, the “Notes”), along with the related guarantees of the Notes.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1552275/000119312524125272/0001193125-24-125272-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$750 million in aggregate principal amount of its 7.000% Senior Notes due 2029 (the “2029 Notes”) an"},{"label":"Effective","value":"2024-04-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}