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Sunoco Expands Revolving Credit Facility to $1.5 Billion

April 13, 2015, 07:47 AM
Filed Under: Distribution
Related: Credit Facility

Sunoco LP announced today that it has amended its existing revolving credit facility and expanded aggregate credit commitments from $1.25 billion to $1.5 billion.  The facility with a syndicate of banks matures in September 2019.

The expansion will provide the Partnership with additional financing flexibility and liquidity to fund future growth capital expenditures.

Sunoco LP is a master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors.

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