trending Market Intelligence /marketintelligence/en/news-insights/trending/X07hJDdznx2N6gs_asteLw2 content esgSubNav
Discover more about S&P Global’s offerings
In This List

Sunoco Logistics prices $550M offering of senior notes
Blog

Activity Volumes Across the Equity Capital Markets Dropped Significantly in 2022

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Case Study

A Large Energy Company Manages its Exposure with Robust Tools to Assess Creditworthiness and Set Credit Limits

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback


Sunoco Logistics prices $550M offering of senior notes

priced a sale of $550 million of SunocoLogistics Partners Operations LP senior notes at 99.696% of parvalue.

The offeringof 3.90% senior notes due 2026, maturing July 15, 2026, is expected to yieldabout $544 million in net proceeds, which would be used to repay outstandingborrowings under its $2.50 billion revolving credit facility and for generalpartnership purposes.

The sale isscheduled to close July 12, subject to customary closing conditions, accordingto a July 7 news release.

MizuhoSecurities USA Inc., BNP Paribas Securities Corp., SunTrust Robinson HumphreyInc., Wells Fargo Securities LLC, BBVA Securities Inc., Citizens CapitalMarkets Inc., Deutsche Bank Securities Inc., SMBC Nikko Securities AmericaInc., TD Securities (USA) LLC and U.S. Bancorp Investments Inc. are jointbook-running managers, and Comerica Securities Inc. and DNB Markets Inc. areco-managers for the offering.