Sunoco Logistics Partners Floats $550M in New IOUs

Sunoco LogisticsSunoco Logistics Partners, builder of the Mariner East pipeline projects and operator of the Marcus Hook refinery near Philadelphia (among many other projects) is floating more debt in order to pay off older debt. Last week Sunoco LP announced a new round of debt, or what we call IOUs, to the tune of $550 million. The sale will conclude tomorrow…

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