Sunoco LP issues 1.5M Series A preferred units at 7.875% for $1.5B gross proceeds

Sunoco LP

Gross proceeds of $1.5B from 1.5M 7.875% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units.
Initial purchasers' discount of $22.5M; net proceeds approximately $1.4775B before other expenses.
Settlement expected September 18, 2025, subject to customary closing conditions.
Units have no voting rights and are not convertible into or exchangeable for other securities.

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