Sunoco LP Announces Private Offering of Senior Notes Due 2023

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Go back to Sunoco LP Announces Private Offering of Senior Notes Due 2023

Sunoco LP (SUN) Assigned 'BB' Rating by S&P; Outlook Stable

March 23, 2015 2:18 PM EDT

Standard & Poor's Ratings Services said today it assigned its 'BB' corporate credit to Sunoco L.P. (NYSE: SUN). The outlook is stable.

At the same time, we assigned a 'BB' issue-level rating and a '4' recovery rating to the senior unsecured notes due 2023. The '4' recovery rating (lower half of the range) indicates that lenders can... More