Sunoco LP Announces Exercise of Underwriters' Option to Purchase Additional Common Units Representing Limited beplay88网棋牌 Interests


HOUSTON , Nov. 26, 2014 /PRNewswire/ -- Sunoco LP (NYSE: SUN) announced today that the underwriters of a recent offering of 8,000,000 common units in the beplay88网棋牌 ship have exercised their option to purchase additional common units, purchasing 1,061,838 common units for net proceeds of $47,057,262 .

Combined net proceeds from the recent offering of 8,000,000 common units and the underwriters' purchase of 1,061,838 additional common units totaled approximately $406 million after deducting underwriting and other fees and will be used to repay indebtedness under Sunoco LP's revolving credit facility and for general partnership purposes.

Morgan Stanley , BofA Merrill Lynch, Barclays , Citigroup , Credit Suisse , Deutsche Bank Securities , Goldman, Sachs & Co. , Jefferies, J.P. Morgan, RBC Capital Markets , UBS Investment Bank and Wells Fargo Securities acted as joint book-running managers of the offering.

This offering of common units was made by means of a prospectus. A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained from the offices of:

You may also obtain these documents for free by visiting the SEC's website atwww.sec.gov.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Sunoco LP
Sunoco LP is a master limited partnership (MLP) that primarily distributes motor fuel to convenience stores, independent dealers, commercial customers and distributors. SUN also operates more than 100 convenience stores and retail fuel sites. SUN's general partner is a wholly owned subsidiary of ETP. While primarily engaged in natural gas, natural gas liquids, crude oil and refined products transportation, ETP also operates a retail business with a network of more than 5,500 company or independently operated retail fuel outlets and convenience stores through its wholly owned subsidiaries, Sunoco, Inc. and Stripes LLC . For more information, visit the Sunoco LP website atwww.SunocoLP.com.

Cautionary Statement Relevant to Forward-Looking Information
This news release includes forward-looking statements regarding future events. These forward-looking statements are based on the beplay88网棋牌 ship's current plans and expectations and involve a numbers of risks and uncertainties that could cause actual results and events to vary materially from the results and events anticipated or implied by such forward-looking statements. For a further discussion of these risks and uncertainties, please refer to the "Risk Factors" section of the prospectus supplement and accompanying base prospectus. While the beplay88网棋牌 ship may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so, even if new information becomes available in the future.

Contacts
Investors:

Clare McGrory , Senior VP, Finance and Investor Relations
(610) 833-3400,cpmcgrory@sunocoinc.com

Anne Pearson
Dennard-Lascar Associates
(210) 408-6321,apearson@dennardlascar.com

Media:

Jeff Shields , Communications Manager
(215) 977-6056,jpshields@sunocoinc.com

Jessica Davila-Burnett , Public Relations Director
(361) 654-4882,jessica.davila-burnett@susser.com

To view the original version on PR Newswire, visit:https://www.prnewswire.com/news-releases/sunoco-lp-announces-exercise-of-underwriters-option-to-purchase-additional-common-units-representing-limited-partner-interests-300001847.html

SOURCE Sunoco LP

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