Sunoco LP Amends Credit Agreement, Extends Maturity and Increases Revolving Loan Commitments to $2.45 Billion

Reuters
06-23
Sunoco LP Amends Credit Agreement, Extends Maturity and Increases Revolving Loan Commitments to $2.45 Billion

Sunoco LP has entered into Amendment No. 2 to its Third Amended and Restated Credit Agreement, effective June 17, 2025. This amendment, involving Bank of America, N.A., as administrative agent and swingline lender, extends the maturity date of Sunoco's revolving credit facility from May 3, 2029, to June 17, 2030. Additionally, the amendment increases the aggregate principal amount of the revolving loan commitments from $1.5 billion to $2.4555 billion, contingent on the closing of the Parkland acquisition. It also introduces the ability to borrow revolving loans in Canadian Dollars. This strategic financial move is expected to bolster Sunoco's financial flexibility in alignment with its recent acquisition strategies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunoco LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-143803), on June 23, 2025, and is solely responsible for the information contained therein.

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