---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-058347"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T10:10:55.454098+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sunoco offers $750M senior notes; to acquire European terminals for less than €500M

## Summary
- $750M senior notes due 2033 offered; proceeds to redeem NuStar 5.75% notes due 2025 and repay revolver.
- Agreement to acquire two Bermuda entities with 15 fuel terminals in Germany and one in Poland for <€500M; closing expected Q2 2025.
- As of March 18, 2025: $2M cash, $537M revolver borrowings (excl. $56M letters of credit), $907M additional capacity.
- Pro forma 2024 net income to common unitholders $621M, diluted EPS $4.55, reflecting NuStar merger and West Texas sale.

## SEC filing metadata
- accession: 0001193125-25-058347
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000119312525058347/0001193125-25-058347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000119312525058347/d905257d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-058347
- JSON: https://secwatch.observer/filing/0001193125-25-058347.json
- Plain text: https://secwatch.observer/filing/0001193125-25-058347.txt

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