Sunoco LP -- Moody's rates Sunoco LP's notes B1

Moody's - finance.yahoo.com Posted 5 years ago

Moody's Investors Service ("Moody's") assigned a B1 rating to Sunoco LP's (SUN) proposed offering of $500 million senior unsecured notes due 2027. The notes will be fully and unconditionally guaranteed by all of SUN's material domestic subsidiaries and are co-issued by Sunoco Finance Corp. Proceeds of the proposed offering will be used to repay a portion of outstanding borrowings under the company's revolving credit facility.

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