Sunoco LP Announces Exercise of Underwriters'
Option to Purchase Additional Common Units
Representing Limited Partner Interests
HOUSTON, Nov. 26, 2014 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced today that the underwriters
of a recent offering of 8,000,000 common units in the Partnership have exercised their option to purchase
additional common units, purchasing 1,061,838 common units for net proceeds of $47,057,262.
Combined net proceeds from the recent offering of 8,000,000 common units and the underwriters' purchase of
1,061,838 additional common units totaled approximately $406 million after deducting underwriting and other
fees and will be used to repay indebtedness under Sunoco LP's revolving credit facility and for general
partnership purposes.
Morgan Stanley, BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman,
Sachs & Co., Jefferies, J.P. Morgan, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities
acted as joint book-running managers of the offering.
This offering of common units was made by means of a prospectus. A written prospectus meeting the
requirements of Section 10 of the Securities Act of 1933 may be obtained from the offices of:
Morgan Stanley
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
BofA Merrill Lynch
222 Broadway
New York, New York 10038
Attention: Prospectus Department
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (888) 603-5847
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (800) 831-9146
Credit Suisse
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Telephone: (800) 221-1037
Deutsche Bank Securities
Attn: Prospectus Group
60 Wall Street
New York, NY 10005-2836
Telephone: (800) 503-4611
Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, NY 10282
Telephone: 1-201-793-5170
Attention: Equity Syndicate Prospectus Department
520 Madison Avenue, 2nd Floor
New York, NY, 10022
Telephone: 877-547-6340 (toll free)
J.P. Morgan
Attn: Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (866) 803-9204
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Email: Email:
RBC Capital Markets
ATTN: Equity Syndicate
Three World Financial Center
200 Vesey St., 8th Floor
New York, NY 10281
Phone: (877) 822-4089
UBS Investment Bank
Attn: Prospectus Dept.
299 Park Avenue
New York, New York 10171
Phone: (888) 827-7275
Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, New York 10152
Phone: (800) 326-5897
You may also obtain these documents for free by visiting the SEC's website at
This news 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 jurisdiction.
About Sunoco LP
Sunoco LP 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 100 convenience
stores and retail fuel sites. SUN's general partner is a wholly owned subsidiary of ETP. While primarily
engaged in natural gas, natural gas liquids, crude oil and refined products transportation, ETP also operates a
retail business with a network of more than 5,500 company or independently operated retail fuel outlets and
convenience stores through its wholly owned subsidiaries, Sunoco, Inc. and Stripes LLC. For more
information, visit the Sunoco LP website at
Cautionary Statement Relevant to Forward-Looking Information
This news 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
Clare McGrory, Senior VP, Finance and Investor Relations
(610) 833-3400,
Anne Pearson
Dennard-Lascar Associates
(210) 408-6321,
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Jeff Shields, Communications Manager
(215) 977-6056,
Jessica Davila-Burnett, Public Relations Director
(361) 654-4882,
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