---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-196582"
form_type: "8-K"
ticker: "SUN"
cik: "0001552275"
company_name: "Sunoco LP"
filed_at: "2025-09-05T23:59:59+00:00"
generated_at: "2026-05-17T07:57:29.550322+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0001193125-25-196582
- form_type: 8-K
- ticker: SUN
- cik: 0001552275
- company_name: Sunoco LP
- filed_at: 2025-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552275/000119312525196582/0001193125-25-196582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552275/000119312525196582/d64069d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-196582
- JSON: https://secwatch.observer/filing/0001193125-25-196582.json
- Plain text: https://secwatch.observer/filing/0001193125-25-196582.txt

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