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Vinson & Elkins Represents Sunoco in $1.2 Billion Upsized Senior Notes Offering

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February 27, 2026 • 1-minute read

Vinson & Elkins represented Sunoco LP (NYSE: SUN) (“Sunoco”) in connection with its upsized offering of an aggregate principal amount of $1.2 billion of senior notes, consisting of $600 million in aggregate principal amount of 5.375% senior notes due 2031 (the “2031 notes”) and $600 million in aggregate principal amount of 5.625% senior notes due 2034 (the “2034 notes”). Sunoco intends to use the net proceeds from the offering to redeem in full NuStar Logistics, L.P.’s 6.000% senior notes due 2026 and Sunoco’s 6.000% senior notes due 2027, with the remainder to be used for general partnership purposes, which may include repayment of additional indebtedness. The offering priced on February 26, 2026 and is expected to close on March 9, 2026.

The Vinson & Elkins corporate team was led by Partners Jackson O’Maley, Ben Heriaud, and David Stone and Senior Associate Walt Baker, with assistance from Associates Taylor Santori, Rachel Campbell Alexander, Ethan Twining, and Oscar Miller. Also advising were Partners Wendy Salinas and Ryan Carney, Senior Associate Lauren Nieman and Associate Addyson Jackson; Counsel Maya Bobbitt and Associate Cam Viney; Counsel Missy Spohn and Associate Henry Crowell; Partner Joyce Adetutu and Senior Associate Frankie Velez; and Associate Patience Li.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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