Sunoco Logistics Partners LP - 2014-03-31
Description
Priced 4.25% senior notes due 2024 and 5.30% senior notes due 2044. Notes had aggregate principal amounts of $300 million and $700 million. Notes belonged to wholly-owned subsidiary Sunoco Logistics Partners Operations LP. It will use proceeds to repay outstanding revolving credit borrowings and general partnership purposes. Notes’ sale scheduled to settle April 3. Notes mature April 1, 2024 and April 1, 2044. RBS Securities Inc., Barclays Capital Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, BBVA Securities Inc., DNB Markets Inc. and SunTrust Robinson Humphrey Inc. were joint book-running managers. Comerica Securities Inc. and Scotia Capital (USA) Inc. were co-managers.