Sunoco LP Announces Pricing of Public Offering of
Common Units Representing Limited Partner
HOUSTON, July 15, 2015 /PRNewswire/ -- Sunoco LP (NYSE: SUN) (the "Partnership") today announced that it has
priced its registered underwritten public offering of 5,500,000 common units representing limited partner interests
in the Partnership, pursuant to an effective shelf registration statement on Form S-3 previously filed with the
Securities and Exchange Commission (the "SEC") at $40.10 per common unit. The offering is expected to close on or
about July 21, 2015. The Partnership granted the underwriters a 30-day option to purchase up to 825,000 additional
common units. The Partnership intends to use the net proceeds from the offering, and from the underwriters'
exercise of their option to purchase additional common units, if applicable, to repay borrowings outstanding under
its revolving credit facility and for general partnership purposes. The Partnership intends to use borrowings under
its revolving credit facility, along with the net proceeds from the concurrent private placement of $600 million of
aggregate principal amount of senior notes due 2020, to fund the cash consideration in its pending acquisition of
100% of the issued and outstanding shares of Susser Holdings Corporation.
Morgan Stanley, BofA Merrill Lynch, UBS Investment Bank, Wells Fargo Securities, Baird, Citigroup, Credit Suisse,
Deutsche Bank Securities, Goldman, Sachs & Co., Jefferies, J.P. Morgan, Raymond James and RBC Capital Markets
are acting as joint book-running managers of the offering. Ladenburg Thalmann is acting as co-manager of the
The offering may be made only by means of a prospectus supplement and accompanying base prospectus meeting
the requirements of Section 10 of the Securities Act of 1933, as amended. A copy of the prospectus supplement and
accompanying base prospectus meeting such requirements may be obtained from:
Morgan Stanley
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
BofA Merrill Lynch
222 Broadway, New York, NY 10038
Attn: Prospectus Department
UBS Investment Bank
Attn: Prospectus Department
1285 Avenue of the Americas
New York, NY 10019
(888) 827-7275
Wells Fargo Securities
Attn: Equity Syndicate Dept
375 Park Avenue, New York, NY 10152
Telephone: 1-800-326-5897
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (800) 831-9146
Credit Suisse
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: 1 (800) 221-1037
Deutsche Bank Securities
Attn: Prospectus Group
60 Wall Street
New York, NY 10005-2836
(800) 503-4611
Goldman, Sachs & Co
Prospectus Department
200 West Street
New York, NY 10282
Telephone: 1-866-471-2526
Jefferies J.P. Morgan
Attn: Equity Syndicate Prospectus Department
520 Madison Avenue, 2nd Floor
New York, NY 10022
Telephone: (877) 547-6340
Attn: Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Phone: (866) 803-9204
Raymond James
880 Carillon Parkway
St. Petersburg, Florida 33716
(800) 248-8863
RBC Capital Markets
ATTN: Equity Syndicate
Three World Financial Center
200 Vesey St., 8th Floor
New York, NY 10281-8089
Phone: (877) 822-4089
Robert W. Baird & Co. Inc
Attention: Syndicate Department
777 E. Wisconsin Avenue
Milwaukee, WI 53202
Telephone: 800-792-2473
You may also obtain these documents for free, when they are available, by visiting the SEC's website at
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described
herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful prior to registration or qualification under the securities laws of any such state or
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership (MLP) that primarily distributes motor fuel to convenience
stores, independent dealers, commercial customers and distributors. SUN also operates more than 150
convenience stores and retail fuel sites. SUN conducts its business through wholly owned subsidiaries, as well as
through its 31.58 percent interest in Sunoco, LLC, in partnership with an affiliate of its parent company, Energy
Transfer Partners. While primarily engaged in natural gas, natural gas liquids, crude oil and refined products
transportation, ETP also operates a retail and fuel distribution business through its interest in Sunoco, LLC, as well
as wholly owned subsidiaries, Sunoco, Inc. and Stripes LLC that operate approximately 1,100 convenience stores
and retail fuel sites.
Cautionary Statement Relevant to Forward-Looking Information
This press release includes forward-looking statements regarding future events. These forward-looking statements
are based on the Partnership's current plans and expectations and involve a numbers of risks and uncertainties
that could cause actual results and events to vary materially from the results and events anticipated or implied by
such forward-looking statements. For a further discussion of these risks and uncertainties, please refer to the "Risk
Factors" section of the prospectus supplement and accompanying base prospectus. While the Partnership may
elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation
to do so, even if new information becomes available in the future.
Scott Grischow
Director - Investor Relations and Treasury
(361) 884-2463,
Anne Pearson
Dennard-Lascar Associates, LLC
(210) 408-6321,
Jeff Shields, Communications Manager
(215) 977-6056,
Jessica Davila-Burnett, Public Relations Director
(361) 654-4882,
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