Sunoco LP Files 8-K on Material Definitive Agreement

Ticker: SUN · Form: 8-K · Filed: 2025-05-20T00:00:00.000Z

Sentiment: neutral

Topics: debt, agreement, filing

TL;DR

Sunoco LP just signed a new deal, watch their debt.

AI Summary

On May 16, 2025, Sunoco LP entered into a material definitive agreement related to its financial obligations. The company, incorporated in Delaware, filed this 8-K report with the SEC on May 20, 2025, detailing the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.

Why It Matters

This filing indicates Sunoco LP has entered into a new financial commitment, which could impact its debt structure and future financial flexibility.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce new risks related to debt covenants, interest rate fluctuations, and repayment capacity.

Key Numbers

Key Players & Entities

FAQ

What type of material definitive agreement did Sunoco LP enter into?

The filing states Sunoco LP entered into a material definitive agreement related to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.

What is the effective date of the event reported in the 8-K?

The earliest event reported is dated May 16, 2025.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on May 20, 2025.

What is Sunoco LP's principal executive office address?

Sunoco LP's principal executive offices are located at 8111 Westchester Drive, Suite 400, Dallas, TX 75225.

What is Sunoco LP's former company name?

Sunoco LP's former company name was Susser Petroleum Partners LP, with a date of name change on June 14, 2012.

From the Filing

0001193125-25-122657.txt : 20250520 0001193125-25-122657.hdr.sgml : 20250520 20250520060110 ACCESSION NUMBER: 0001193125-25-122657 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250516 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250520 DATE AS OF CHANGE: 20250520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sunoco LP CENTRAL INDEX KEY: 0001552275 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 300740483 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35653 FILM NUMBER: 25966054 BUSINESS ADDRESS: STREET 1: 8111 WESTCHESTER DR., SUITE 400 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: (832) 234-3600 MAIL ADDRESS: STREET 1: 8111 WESTCHESTER DR., SUITE 400 CITY: DALLAS STATE: TX ZIP: 75225 FORMER COMPANY: FORMER CONFORMED NAME: Susser Petroleum Partners LP DATE OF NAME CHANGE: 20120614 8-K 1 d893372d8k.htm 8-K 8-K false 0001552275 0001552275 2025-05-16 2025-05-16     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): May 16, 2025     Sunoco LP (Exact name of registrant as specified in its charter)       Delaware   001-35653   30-0740483 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   I.R.S. Employer Identification Number 8111 Westchester Drive , Suite 400 Dallas , TX 75225 (Address of Principal Executive Offices) (Zip Code) (214) 981-0700 (Registrant’s Telephone Number, Including Area Code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol(s)   Name of each exchange on which registered Common Units Representing Limited Partner Interests   SUN   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01. Entry into a Material Definitive Agreement Amendment to Credit Agreement On May 16, 2025, Sunoco LP (the “ Partnership ”) entered into that certain Amendment No. 1 to Third Amended and Restated Credit Agreement among the Partnership, as borrower, certain subsidiaries of the Partnership, as guarantors, the lenders and letter of credit issuers party thereto and Bank of America, N.A., as administrative agent and a letter of credit issuer (the “ Amendment ”), which amends that certain

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