Richard Slifka
in connection with the passing of Richard Slifka, Chairman of the Board of Directors
Highest-materiality recent filing
Global Partners Q1 net income surges to $70.1M ($1.85/unit) from $18.7M
Net income of $70.1M vs $18.7M YoY; diluted EPS of $1.85 vs $0.36.
Global Partners declares Q1 2026 cash distribution of $0.7650 per common unit
Distribution of $0.7650 per common unit ($3.06 annualized) for Q1 2026.
Global Partners LP declares $0.59375/unit quarterly distribution on Series B preferred units
Quarterly cash distribution of $0.59375 per unit ($2.375 annualized) on 9.50% Series B preferred units.
Global Partners LP increases interim credit commitments by $300M; reallocates up to $200M revolver
Exercised accordion to increase Aggregate WC Interim Commitments by $300M effective March 13, 2026.
Global Partners Q4 net income rises to $25.1M; full-year net income drops 11% to $98.0M
Q4 2025 net income $25.1M ($0.54/diluted unit) vs $23.9M ($0.52) in Q4 2024.
Global Partners declares Q4 2025 cash distribution of $0.7600 per common unit
Distribution of $0.7600 per common unit ($3.04 annualized) for Oct 1–Dec 31, 2025, payable Feb 13, 2026 to holders of record Feb 9, 2026.
Global Partners LP declares $0.59375/unit quarterly distribution on Series B preferred units
Quarterly distribution of $0.59375 per Series B preferred unit ($2.375 annualized).
Global Partners LP: Sean Geary steps down as CLO, becomes Senior Legal Advisor under new agreement
Sean T. Geary stepped down as CLO effective Jan 1, 2026; succeeded by Kristin K. Seabrook.
Global Partners Q3 net income $29M vs $45.9M YoY; EBITDA $97.1M
Net income $29.0M ($0.66/diluted unit) vs $45.9M ($1.17) in Q3 2024.
Global Partners LP declares Q3 2025 distribution of $0.7550/unit, payable Nov 14
Distribution of $0.7550 per common unit ($3.02 annualized) for Q3 2025.
Global Partners declares $0.59375 quarterly distribution on Series B preferred units
Quarterly cash distribution of $0.59375 per unit ($2.375 annualized) on 9.50% Series B preferred units.
Global Partners Q2 net income drops to $25.2M from $46.1M; EBITDA falls 19%
Net income $25.2M ($0.55/diluted unit) vs $46.1M ($1.10) in Q2 2024, down 45%.
Director Jalkut granted $250k annual cash retainer effective June 1, 2025
Board approved $250,000 annual cash retainer for Thomas P. Jalkut, consistent with other non-employee directors.
Global Partners LP declares Q2 2025 cash distribution of $0.7500 per common unit
Quarterly distribution of $0.7500 per common unit ($3.00 annualized) for April 1–June 30, 2025.
Quarterly distribution of $0.59375 per unit ($2.375 annualized) on 9.50% fixed-rate Series B preferred units.
Global Partners LP completes $450M private placement of 7.125% senior notes due 2033
Issued $450M principal of 7.125% senior notes due July 1, 2033; interest payable semi-annually starting Jan 1, 2026.
Tendered $360.3M (90.08%) of $400M 7.00% Senior Notes due 2027 at purchase price of $1,002.94 per $1,000.
Global Partners LP prices cash tender offer for $400M 7.00% senior notes due 2027
Purchase Price set at $1,002.94 per $1,000 principal, based on 4.122% reference yield plus 0 bps spread.
Global Partners LP issues $450M 7.125% senior notes due 2033 to refinance 2027 notes
Issued $450M aggregate principal amount of 7.125% senior notes due 2033 in a private placement.
Global Partners LP launches $400M senior notes offering and tender offer for 2027 notes
Private offering of $400M senior unsecured notes due 2033 under 144A/Reg S to fund tender offer.
Richard Slifka, Chairman, passed away; Eric Slifka appointed Chairman, Thomas Jalkut as Vice Chairman.
in connection with the passing of Richard Slifka, Chairman of the Board of Directors
Thomas P. Jalkut was appointed to the Board of the Company
Eric Slifka has been appointed Chairman of the Company
Max materiality 0.80 · Median 0.50 · Most common event dividend