Sunoco prices $1.5 billion preferred equity offering to fund Parkland deal
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Sunoco LP Announces Pricing of Upsized Preferred Equity Offering
September 4, 2025 7:07 PM EDTDALLAS, Sept. 4, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced the pricing of a private offering (this "offering") of 1.5 million of its 7.875% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units (the "Series A Preferred Units") at an offering price of $1,000 per unit. Sunoco will receive gross proceeds of $1.5 billion from the sale of the Series A... More
