Sunoco LP Reports Strong Early Participation in Parkland Notes Exchange Offer

Reuters

10/21

Sunoco LP Reports Strong Early Participation in Parkland Notes Exchange Offer

Sunoco LP announced the results of early participation in its private exchange offers and consent solicitations for outstanding notes of Parkland Corporation. As of October 20, 2025, holders had tendered approximately C$1.35 billion of Canadian dollar-denominated notes, representing about 84.5% of the outstanding principal, and US$487 million of U.S. dollar-denominated notes, representing 97.4% of the outstanding principal. Sunoco extended the deadline for noteholders to tender their PKI Notes and remain eligible for the early participation exchange consideration, which includes a principal amount of new Sunoco notes plus an early participation premium and a cash payment. The company also received the requisite consents to amend the terms of the PKI Notes and related indentures.

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 PR Newswire (Ref. ID: DA03084) on October 21, 2025, and is solely responsible for the information contained therein.

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As of October 20, 2025, holders had tendered approximately C$1.35 billion of Canadian dollar-denominated notes, representing about 84.5% of the outstanding principal, and US$487 million of U.S. dollar-denominated notes, representing 97.4% of the outstanding principal. Sunoco extended the deadline for noteholders to tender their PKI Notes and remain eligible for the early participation exchange consideration, which includes a principal amount of new Sunoco notes plus an early participation premium and a cash payment. The company also received the requisite consents to amend the terms of the PKI Notes and related indentures.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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 PR Newswire (Ref. ID: DA03084) on October 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251021:nNDL1HJFgr:1","article_id":"2577827171","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577827171","pubTimestamp":1761048118,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sunoco LP announced the results of early participation in its private exchange offers and consent solicitations for outstanding notes of Parkland Corporation. 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