NEWS RELEASE
Sunoco LP Completes the Acquisition of the Rened
Products Terminalling Business From American
Midstream Partners, LP
12/20/2018
DALLAS, Dec. 20, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the
previously announced acquisition of the rened products terminalling business from American Midstream
Partners, LP (NYSE: AMID) for approximately $125 million plus working capital adjustments.
Sunoco funded the transactionwith cash on hand and amounts available under its revolving credit facility, while
continuing to maintain its targeted leverage ratio. The acquisition is expected to be accretiveto Sunocowith respect
to distributable cash ow in the rst year.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership that distributes motor fuel to approximately 10,000
convenience stores, independent dealers, commercial customers and distributors located in more than 30 states.
Sunoco's general partner is owned by Energy Transfer Operating, L.P., a subsidiary of Energy Transfer LP (NYSE: ET).
Cautionary Statement Relevant to Forward-Looking Information
This press release may include certain statements concerning expectations for the future that are forward-looking
statements as dened by federal law. Such forward-looking statements are subject to a variety of known and
unknown risks, uncertainties, and other factors that are dicult to predict and many of which are beyond
management's control. An extensive list of factors that can aect future results are discussed in Sunoco's Annual
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Report on Form 10-K and other documents led from time to time with the Securities and Exchange Commission.
Sunoco undertakes no obligation to update or revise any forward-looking statement to reect new information or
events.
The information contained in this press release is available on our website at www.SunocoLP.com
Contacts
Investors:
Scott Grischow
Senior Director – Investor Relations and Treasury
(214) 840-5660, scott.grischow@sunoco.com
Derek Rabe, CFA
Manager – Investor Relations, Growth and Strategy
(214) 840-5553, derek.rabe@sunoco.com
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SOURCE Sunoco LP
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