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Sunoco Logistics Partners Prices Senior Notes

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April 1, 2014

Sunoco Logistics Partners LP (NYSE: SXL) priced 4.25% senior notes due 2024 and 5.30% senior notes due 2044, the company said March 31. The notes had aggregate principal amounts of $300 million and $700 million, respectively, the company added.

The notes belong to the company’s wholly-owned subsidiary Sunoco Logistics Partners Operations LP, the company said.

Net proceeds of about $989 million are expected, the company added. Sunoco Logistics Partners Operations will use them to repay outstanding revolving credit facility borrowings, and will also use them for general partnership purposes, Sunoco ...

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