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Sunoco LP Announces Expiration and Final Results of Private Exchange Offers and Consent Solicitations for Outstanding Notes of Parkland Corporation
Sunoco LP (NYSE: SUN) ("Sunoco") today announced the expiration and final results of its previously announced private exchange offers of outstanding Canadian dollar denominated notes (collectively, "PKI CAD Notes") and U.S. dollar denominated notes (collectively, "PKI USD Notes" and, together with the PKI CAD Notes, the "PKI Notes") previously issued by Parkland Corporation ("Parkland") for new notes to be issued by Sunoco (the "New Notes") and cash (collectively, the "Exchange Offers") and rela
About this update from Sunococorp Llc
[{"type":"text","content":"DALLAS, Nov. 5, 2025 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") today announced the expiration and final results of its previously announced private exchange offers of outstanding Canadian dollar denominated notes (collectively, "PKI CAD Notes") and U.S. dollar denominated notes (collectively, "PKI USD Notes" and, together with the PKI CAD Notes, the "PKI Notes") previously issued by Parkland Corporation ("Parkland") for new notes to be issued by Sunoco (the "New Notes") and cash (collectively, the "Exchange Offers") and related consent solicitations (collectively, the "Consent Solicitations") to adopt the Proposed Amendments (as defined below) to the PKI Indentures (as defined below), commenced by Sunoco on October 6, 2025. The Exchange Offers and Consent Solicitations expired at 5:00 p.m., New York City time, on November 4, 2025.","length":929,"tagName":"p"},{"type":"image","alt":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","displaySize":"","headline":null,"caption":"Sunoco LP Logo (PRNewsfoto/Sunoco LP)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":56,"url":"https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/VP4rT_mz5PPpNJZOZK9KgA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTk5O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/a18822e479144e6af359140e8668c91a","width":400,"height":56}},"href":"https://mma.prnewswire.com/media/1213649/Sunoco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The below tables reflect that C$1,474,777,000 in aggregate principal amount of the PKI CAD Notes, representing approximately 92.2% of the total outstanding principal amount of the PKI CAD Notes and at least a majority of each series of PKI CAD Notes outstanding, and US$2,579,839,000 in aggregate principal amount of the PKI USD Notes, representing approximately 99.2% of the total outstanding principal amount of the PKI USD Notes and at least a majority of each series of PKI USD Notes outstanding, have been validly tendered and not validly withdrawn:","length":554,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;T...