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Prospect News home > News index > List of issuers S > Headlines for Sunoco, LP > News item
Published on 4/16/2024 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Preferred Stock Daily.

Fitch gives BB+ to Sunoco notes

Fitch Ratings said it gave BB+/RR4 ratings to Sunoco LP’s planned senior unsecured notes.

The ratings are in line with those on Sunoco’s outstanding senior unsecured notes.

The company is acquiring NuStar Energy LP. Sunoco is expected to use the proceeds to repay NuStar Energy’s revolver and receivables financing facility and redeem its subordinated notes and preferred units.

The outlook is stable.


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