Global Partners to use note proceeds to pay down debt

By Mary Katherine Stinson

Lexington, Ky., Jan. 2 – Global Partners LP plans to use proceeds from a private offering of senior notes due 2032 to pay down a portion of its outstanding credit facilities, according to a news release.

Proceeds will also be used for general corporate purposes.

Global Partners is a Waltham, Mass.-based storage, distribution and retail liquid energy company.

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