- Sunoco Logistics Partners (NYSE:SXL) -3.8% AH after announcing a public offering of 13.5M common units, with an underwriters option to purchase up to an additional 2.025M units.
- SXL says it plans to use the proceeds to repay outstanding borrowings under its $1.5B revolving credit facility and for general partnership purposes.
Sunoco Logistics to launch 13.5M-unit offering
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Symbol | Last Price | % Chg |
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SXL | - | - |
Sunoco Logistics Partners, L.P. |