Sunoco LP (SUN): debt financing — Sunoco LP issues $1.0B of 6.250% Senior Notes due 2033 to refinance debt

Sunoco LP

Issued $1.0B aggregate principal amount of 6.250% Senior Notes maturing July 1, 2033.
Net proceeds of ~$989.5M after discounts and expenses.
Proceeds to redeem NuStar Logistics 5.750% notes due 2025 and repay revolver borrowings.
Senior unsecured notes guaranteed by certain subsidiaries; redeemable at par + make-whole prior to July 2028.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Sunoco LP incurred senior notes of $1.0 billion in aggregate principal amount with U.S. Bank Trust Company, National Association at 6.250% maturing July 1, 2033.

Instrument: senior notes
Principal: $1.0 billion in aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 6.250%
Maturity: July 1, 2033
Event: incurrence

Exact text from the filing

On March 31, 2025, Sunoco LP (NYSE: SUN) (the “Partnership”) completed a private offering to eligible purchasers (the “Notes Offering”) of $1.0 billion in aggregate principal amount of its 6.250% Senior Notes due 2033 (the “Notes”), along with the related guarantees of the Notes.

View on SEC.gov

4 debt financings filed in the last 30 days. Browse all debt financings →

Sunoco LP filing history →

Source: SEC EDGAR

accession 0001193125-25-068752

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