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NuStar Logistics Prices Senior Notes

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January 31, 2012

NuStar Logistics, L.P., a wholly owned operating subsidiary of NuStar Energy L.P. (NYSE: NS), today announced that it has priced $250 million principal amount of 4.750% senior notes due February 1, 2022. The senior notes were priced at 99.764% of par at a yield to maturity of 4.780%. The settlement date for the offering is expected to be February 2, 2012. The senior notes have been rated BBB- by Standard and Poor’s, BBB- by Fitch and Baa3 by Moody’s Investors Service.

The net proceeds (before expenses) of approximately $247.8 million ...

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