secwatch / observer

GLOBAL PARTNERS LP — fact timeline

Source-grounded facts extracted from GLOBAL PARTNERS LP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GLP GLOBAL PARTNERS LP JSON
Earnings Releases

GLOBAL PARTNERS LP reported first quarter ended March 31, 2026 results: net income $70.1 million, EPS $1.85 per diluted common limited partner unit.

“Net income in the first quarter of 2026 was $70.1 million, or $1.85 per diluted common limited partner unit”
Debt Financings

GLOBAL PARTNERS LP amended credit facility of Aggregate WC Interim Commitments increased by $300 million with lenders party to the Credit Agreement at not specified maturing 364 days from March 13, 2026, after which Aggregate WC Interim Commitment automatically reduced to $0.

“On March 13, 2026, Global Partners LP (the "Partnership"), as guarantor, and certain of its subsidiaries, as borrowers, agreed with the lenders party to the Partnership's Third Amended and Restated Credit Agreement dated April 25, 2017 (as amended, the "Credit Agreement") pursuant to the terms of the Credit Agreement to exercise the accordion feature in the Credit Agreement and increase the Aggregate WC Interim Commitments by $300 million as provided in Section 2.13 of the Credit Agreement.”
Debt Financings

GLOBAL PARTNERS LP incurred senior notes of $450.0 million aggregate principal amount with Regions Bank at 7.125% per annum maturing July 1, 2033.

“On June 23, 2025, Global Partners LP, a Delaware limited partnership (the “ Partnership ”), and GLP Finance Corp., a Delaware corporation (together with the Partnership, the “ Issuers ”), completed their previously announced private placement of $450.0 million aggregate principal amount of the Issuers’ 7.125% senior notes due 2033 (the “ Notes ”).”

Thomas P. Jalkut was appointed as Vice Chairman at GLOBAL PARTNERS LP.

“Thomas P. Jalkut was appointed to the Board of the Company”

Eric Slifka was appointed as Chairman of the Board at GLOBAL PARTNERS LP.

“Eric Slifka has been appointed Chairman of the Company”

Richard Slifka departed as Chairman of the Board at GLOBAL PARTNERS LP.

“in connection with the passing of Richard Slifka, Chairman of the Board of Directors”

Kristin Seabrook was appointed as Chief Legal Officer at GLOBAL PARTNERS LP.

“and will succeed Mr. Geary as Chief Legal Officer effective January 1, 2026”

Kristin Seabrook was appointed as Senior Vice President of Legal Transformation at GLOBAL PARTNERS LP.

“Kristin Seabrook will join the General Partner as Senior Vice President of Legal Transformation on April 14, 2025”

Sean T. Geary resigned as Chief Legal Officer and Secretary at GLOBAL PARTNERS LP.

“Mr. Geary will resign as the General Partner’s Chief Legal Officer and Secretary effective January 1, 2026. He will continue to be employed as a Senior Legal Advisor to the General Partner and the Partnership following his resignation on terms to be negotiated.”
Debt Financings

GLOBAL PARTNERS LP amended credit facility of $1.0 billion (Aggregate WC Commitment) and $500.0 million (Aggregate Revolver Commitment) maturing May 2, 2026 to March 20, 2028.

“by a Loan Party from the Collateral while retaining a negative pledge in favor of the Lenders, (iii) modify the Aggregate WC Commitment (as defined in the Credit Agreement) to $1.0 billion and the Aggregate Revolver Commitment (as defined in the Credit Agreement) to $500.0 million, and (iv) assign all or a portion of certain lenders’ Loans and Commitments under the”
Earnings Releases

GLOBAL PARTNERS LP reported first quarter ended March 31, 2024 results: net income Net loss was $5.6 million, EPS $0.37 per common limited partner unit.

“Net loss was $5.6 million, or $0.37 per common limited partner unit, for the first quarter of 2024 compared with net income of $29.0 million, or $0.70 per diluted common limited partner unit, in the same period of 2023.”
Debt Financings

GLOBAL PARTNERS LP incurred senior notes of $450.0 million aggregate principal amount with Regions Bank at 8.250% per annum maturing January 15, 2032.

“completed their previously announced private placement of $450.0 million aggregate principal amount of the Issuers’ 8.250% senior notes due 2032”
Material Agreements

GLOBAL PARTNERS LP entered into Indenture with Regions Bank, as trustee valued at $450.0 million aggregate principal amount (effective 2024-01-18).

“completed their previously announced private placement of $450.0 million aggregate principal amount of the Issuers’ 8.250% senior notes due 2032 (the “ Notes ”). The Notes were issued pursuant to an indenture, dated as of January 18, 2024 (the “ Indenture ”), by and among the Issuers, certain subsidiaries of the Partnership as guarantors (the “ Guarantors ”) and Regions Bank, as trustee.”
Material Agreements

GLOBAL PARTNERS LP entered into Purchase Agreement with J.P. Morgan Securities LLC, as representative of the several initial purchasers named therein valued at $450 million aggregate principal amount (effective 2024-01-03).

“pursuant to which the Issuers agreed to sell $450 million aggregate principal amount of the Issuers’ 8.250% senior notes due 2032”

Robert J. McCool retired as Director at GLOBAL PARTNERS LP.

“Robert J. McCool, a member of the board of directors (the “Board”) of Global GP LLC, the general partner of Global Partners LP (the “Partnership”), notified the Partnership of his decision to retire from the Board effective March 1, 2024.”
M&A Transactions

GLOBAL PARTNERS LP completed an acquisition involving Motiva Enterprises LLC for $305.8 million (closed 2023-12-21).

“Global Companies LLC will receive minimum annual revenue commitments throughout the term of the MTSA. The purchase-price, subject to post-closing adjustments, was approximately $305.8 million. The Acquisition was funded with borrowings under the Partnership’s revolving credit facility. At the closing, the Partnership assumed certain liabilities and obligations of”
Debt Financings

GLOBAL PARTNERS LP amended revolving credit.

“Reallocate $300 million of the Aggregate WC Commitment to the Aggregate Revolver Commitment; and (b) exercise the accordion feature in the Credit Agreement and increase the Aggregate WC Interim Commitments by $200 million as provided in Section 2.13 ( Increase in Commitments ) of the Credit Agreement, for a period not to exceed 364 days.”
Earnings Releases

GLOBAL PARTNERS LP reported third quarter ended September 30, 2023 results: net income $26.8 million, EPS $0.60 per diluted common limited partner unit.

“Net income was $26.8 million, or $0.60 per diluted common limited partner unit, for the third quarter of 2023, compared with net income of $111.4 million, or $3.12 per diluted common limited partner unit, in 2022.”
Material Agreements

GLOBAL PARTNERS LP entered into Purchase Agreement with Motiva Enterprises LLC valued at $305.8 million (effective 2023-11-08).

“On November 8, 2023, Global Operating LLC (the " OLLC "), as Purchaser and Global Partners LP (the " Partnership "), as Guarantor, entered into an Asset Purchase Agreement (the " Purchase Agreement ") with Motiva Enterprises LLC (the " Seller ")”
Earnings Releases

GLOBAL PARTNERS LP reported the first quarter ended March 31, 2023 results: net income $29.0 million, EPS $0.70 per diluted common limited partner unit.

“Net income was $29.0 million, or $0.70 per diluted common limited partner unit, for the first quarter of 2023, compared with net income of $30.5 million, or $0.76 per diluted common limited partner unit, in the same period of 2022.”
Debt Financings

GLOBAL PARTNERS LP amended credit facility at increase the Applicable Revolver Rate on borrowings by 25 basis points maturing May 2, 2026.

“The Ninth Amendment amends certain terms and provisions of the Existing Credit Agreement to, among other things, increase the Applicable Revolver Rate on borrowings by 25 basis points, and extend the maturity date from May 6, 2024 to May 2, 2026.”
Material Agreements

GLOBAL PARTNERS LP amended Ninth Amendment to Third Amended and Restated Credit Agreement and Joinder (effective 2023-05-02).

“On May 2, 2023, Global Partners LP (the “ Partnership ”), as guarantor, and certain of its subsidiaries, as borrowers, entered into the Ninth Amendment to Third Amended and Restated Credit Agreement and Joinder (the “ Ninth Amendment ”), which further amends the Third Amended and Restated Credit Agreement dated April 25, 2017”

Clare McGrory was appointed as Director at GLOBAL PARTNERS LP.

“approved the appointment of Ms. Clare McGrory to the Company’s Board of Directors (the “Board”), commencing March 1, 2023 and continuing through December 31, 2023.”
Material Agreements

GLOBAL PARTNERS LP amended Eighth Amendment to Third Amended and Restated Credit Agreement with the lenders under the Credit Agreement valued at $150 million (effective 2023-02-02).

“On February 2, 2023, Global Partners LP (the “ Partnership ”), as guarantor, and certain of its subsidiaries, as borrowers, entered into the Eighth Amendment to Third Amended and Restated Credit Agreement (the “ Eighth Amendment ”), which further amends the Third Amended and Restated Credit Agreement dated April 25, 2017 (as amended prior to the Eighth Amendment, the “ Existing Credit Agreement ” and as amended through the Eighth Amendment, the “ Credit Agreement ”).”
Material Agreements

GLOBAL PARTNERS LP entered into Purchase Agreement with Gulf Oil Limited Partnership valued at $273 million (effective 2022-12-15).

“On December 15, 2022, Global Partners LP (the “ Partnership ”), as Buyer, entered into an Equity Purchase Agreement (the “ Purchase Agreement ”) with Gulf Oil Limited Partnership (the “ Seller ”) pursuant to which the Partnership will acquire all the issued and outstanding equity interests of New Haven NewCo, Woodbury NewCo, Portland NewCo, Linden NewCo and Chelsea NewCo, each as defined in the Purchase Agreement (collectively, the “ Target Companies ”), for a purchase price of $273 million in cash”
Earnings Releases

GLOBAL PARTNERS LP reported third quarter ended September 30, 2022 results: net income $111.4 million, EPS $3.12 per diluted common limited partner unit.

“Net income was $111.4 million, or $3.12 per diluted common limited partner unit, for the third quarter of 2022 compared with net income of $33.6 million, or $0.86 per diluted common limited partner unit, in the same period of 2021.”

Jeremy Langhorn resigned as Chief Human Resources Officer at GLOBAL PARTNERS LP.

“On October 28, 2022, Jeremy (Jez) Langhorn announced his resignation as Chief Human Resources Officer of Global GP LLC (the “General Partner”), the general partner of Global Partners LP (the “Partnership”), to pursue other opportunities.”

Kenneth I. Watchmaker retired as Member of the Board of Directors at GLOBAL PARTNERS LP.

“On December 19, 2021, Kenneth I. Watchmaker, a member of the board of directors (the “Board”) of Global GP LLC, the general partner of Global Partners LP (the “Partnership”), notified the Board of his decision to retire from the Board effective December 31, 2021.”

Jaime Pereira was appointed as Director at GLOBAL PARTNERS LP.

“On October 22, 2021, the Members of Global GP LLC (the “Company”), the general partner of Global Partners LP (the “Partnership”), approved the appointment of Mr. Jaime Pereira to the Company’s Board of Directors (the “Board”), commencing October 25, 2021 and continuing through December 31, 2022.”

Andrew Slifka resigned as Executive Vice President and director at GLOBAL PARTNERS LP.

“On September 27, 2021, Andrew Slifka announced his resignation as Executive Vice President and director of the general partner of Global Partners LP.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.