---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-122657"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2025-05-20T23:59:59+00:00"
generated_at: "2026-05-20T23:58:01.367044+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunoco LP amends credit facility; $2.65B bridge debt and $3.4B backstop debt authorized for Parkland deal

## Summary
- LC sublimit increased to $250M; amendment permits $2.65B Parkland Acquisition Bridge Debt and $3.4B Backstop Bridge Debt.
- $1.50B of prior debt financing commitments from Barclays Bank PLC and Royal Bank of Canada were terminated.
- Parkland and its subsidiaries excluded from guarantee obligations where not permitted under existing debt or would cause material adverse tax consequences.

## SEC filing metadata
- accession: 0001193125-25-122657
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2025-05-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000119312525122657/0001193125-25-122657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000119312525122657/d893372d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-122657
- JSON: https://secwatch.observer/filing/0001193125-25-122657.json
- Plain text: https://secwatch.observer/filing/0001193125-25-122657.txt

## Key facts
- Debt Financings
  Sunoco LP amended credit facility with Bank of America, N.A..
  - Instrument: credit facility
  - Counterparty: Bank of America, N.A.
  - Event: amendment
  source text: The information set forth in Item 1.01 relating to the Amendment under the heading “Amendment to Credit Agreement” is hereby incorporated into this Item 2.03 by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000119312525122657/0001193125-25-122657-index.htm
- Debt Financings
  Sunoco LP incurred credit facility of $1.50 billion with Barclays Bank PLC (and certain of its affiliates) and Royal Bank of Canada (and certain of its affiliates).
  - Instrument: credit facility
  - Principal: $1.50 billion
  - Counterparty: Barclays Bank PLC (and certain of its affiliates) and Royal Bank of Canada (and certain of its affiliates)
  - Event: incurrence
  source text: In connection with the entry into the Amendment, $1.50 billion of the previously disclosed debt financing commitments provided by Barclays Bank PLC (and certain of its affiliates) and Royal Bank of Canada (and certain of its affiliates) terminated in accordance with the terms of such commitments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552275/000119312525122657/0001193125-25-122657-index.htm

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