Sunoco LP amends credit agreement to allow $2B cash set-aside for Parkland Acquisition

Sunoco LP

Amendment No. 3 permits up to $2B of cash reserved for Parkland Acquisition to be netted in Net Leverage Ratio covenant calculation.
Effective August 8, 2025; signed by Sunoco, guarantors, Bank of America as administrative agent, and majority lenders.
Standard cash netting cap increases from $50M to $250M upon Parkland Acquisition closing date.
No new borrowing or changes to interest rates; credit facility terms otherwise unchanged.
Financing step for the previously announced Parkland Acquisition; netting provision expires if deal terminates.

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