Sunoco LP Amends Credit Agreement, Secures $2 Billion for Parkland Acquisition

Reuters
08/09
Sunoco LP Amends Credit Agreement, Secures $2 Billion for Parkland Acquisition

Sunoco LP has entered into Amendment No. 3 to its Third Amended and Restated Credit Agreement as of August 8, 2025. This amendment, involving Sunoco LP, certain subsidiaries, and Bank of America, N.A. as the administrative agent, modifies the original credit agreement dated May 3, 2024. The amendment facilitates up to $2 billion in cash reserved by Sunoco to fund part of the cash consideration for the Parkland Acquisition. This financial arrangement is designed to impact the calculation of the Net Leverage Ratio under the financial maintenance covenant of the agreement. The full details of the amendment are filed as Exhibit 10.1 to the Form 8-K report.

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: 0001193125-25-177105), on August 08, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10