Global Partners to pay down revolver with proceeds from senior notes

By Wendy Van Sickle

Columbus, Ohio, June 1 – Global Partners LP plans to repay a portion of the borrowings outstanding under its revolving credit facility with proceeds from a senior note offering.

The $300 million in notes will be due 2023, according to a company news release.

Based in Waltham, Mass., Global Partners is a wholesale distributor of distillates, gasoline and residual oil.

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