Sunoco LP Completes the Acquisition of the Rened
Products Terminalling Business From American
Midstream Partners, LP
DALLAS, Dec. 20, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the
previously announced acquisition of the rened products terminalling business from American Midstream
Partners, LP (NYSE: AMID) for approximately $125 million plus working capital adjustments.
Sunoco funded the transactionwith 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 accretiveto Sunocowith 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 dened by federal law. Such forward-looking statements are subject to a variety of known and
unknown risks, uncertainties, and other factors that are dicult to predict and many of which are beyond
management's control. An extensive list of factors that can aect future results are discussed in Sunoco's Annual