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SUN - Sunoco LP prices upsized private debt offering
Sunoco LP representing limited partner interests
Sunoco LP (SUN) has priced at 100% an upsized private offering of $800M (from $500M) of 4.500% senior notes due 2029.Closing date is November 24. Net proceeds and borrowings under revolving credit facility will be used to fund the separately announced tender offer for any and all of its outstanding 4.875% senior notes due 2023 and, if applicable, a partial redemption of the 2023 notes.Previously: Sunoco cheers senior notes private offering (Nov. 9)