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Prospect News home > News index > List of issuers S > Headlines for Sunoco Finance Corp. > News item
Published on 10/5/2021 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch assigns Sunoco notes BB

Fitch Ratings said it assigned BB/RR4 ratings to Sunoco LP's planned issuance of senior unsecured notes. Sunoco Finance Corp. is a co-issuer on the proposed notes.

Fitch affirmed the BB/RR4 ratings on Sunoco’s senior unsecured bonds on Sept. 27.

The proceeds are expected to be used, among other general corporate purposes, to fund a tender offer for the partnership's next maturing notes, the 5˝% notes due 2026.

The outlook is positive.


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