NYSE:SUNOil and Gas
Sunoco Extends Debt Maturities As Refinancing Reshapes Interest Burden
Sunoco (NYSE:SUN) has priced a private offering of senior notes totaling US$1.2b.
The offering has been upsized and is aimed at refinancing existing debt at Sunoco and NuStar Logistics.
These transactions adjust the company’s capital structure and involve changes to key underwriters.
Sunoco (NYSE:SUN) sits at the intersection of fuel distribution and energy infrastructure, where access to credit markets can be as important as operational performance. For investors tracking the sector,...