Sunoco prices $1.9B senior notes (5.625%/5.875%) and $1.5B preferred for Parkland

Sunoco LP

$1B of 5.625% notes due 2031 and $900M of 5.875% notes due 2034 priced; upsized from $850M each.
1.5M units of 7.875% Series A Preferred Units at $1,000/unit ($1.5B gross) priced; upsized from 1M units.
Net proceeds to fund cash consideration for Parkland Corp acquisition and related costs, or reduce revolver borrowings prior to closing.
Settlement expected Sept 18, 2025; special mandatory redemption if Parkland deal not closed by May 5, 2026.

item 7.01item 9.01

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