Sunoco ( (SUN) ) has issued an update.
On March 20, 2025, Sunoco LP announced the pricing of an upsized private offering of $1 billion in 6.250% senior notes due 2033, increased from an initial $750 million. The proceeds will be used to repay existing debt, including the full redemption of NuStar Logistics’ 5.750% senior notes due 2025 and a portion of Sunoco’s revolving credit facility, potentially strengthening its financial position and market operations.
More about Sunoco
Sunoco LP is an energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. It manages an extensive network of approximately 14,000 miles of pipeline and over 100 terminals for midstream operations. Sunoco’s general partner is owned by Energy Transfer LP.
YTD Price Performance: 15.54%
Average Trading Volume: 487,441
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.92B
Find detailed analytics on SUN stock on TipRanks’ Stock Analysis page.
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