HOUSTON, Oct. 21, 2014 /PRNewswire/ -- Susser Petroleum
Partners LP (NYSE: SUSP) (the "Partnership") today announced that
it has priced its registered underwritten public offering of
8,000,000 common units representing limited partner interests,
pursuant to an effective shelf registration statement on Form S-3
previously filed with the Securities and Exchange Commission (the
"SEC") at $46.25 per common unit. The
Partnership granted the underwriters a 30-day option to purchase up
to 1,200,000 additional common units. The Partnership intends to
use the net proceeds from the offering, including any net proceeds
from the underwriters' exercise of their option to purchase
additional common units, to repay indebtedness under its revolving
credit facility and for general partnership purposes.
Morgan Stanley, BofA Merrill Lynch, Barclays, Citigroup, Credit
Suisse, Deutsche Bank Securities, Goldman, Sachs & Co.,
Jefferies, J.P. Morgan, RBC Capital Markets, UBS Investment Bank
and Wells Fargo Securities are acting as joint book-running
managers of the offering.
The offering may be made only by means of a prospectus
supplement and accompanying base prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended. A copy of the prospectus supplement and accompanying base
prospectus meeting such requirements may be obtained from:
Morgan Stanley
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
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BofA Merrill Lynch
222 Broadway
New York, New York 10038
Attention: Prospectus Department
Email:
dg.prospectus_requests@baml.com.
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Barclays
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (888) 603-5847
Email:
barclaysprospectus@broadridge.com
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Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (800) 831-9146
prospectus@citi.com
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Credit Suisse
Attn: Prospectus Department
One Madison Avenue
New York, NY 10010
Email:
newyork.prospectus@credit-suisse.com
Telephone: (800) 221-1037
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Deutsche Bank Securities
Attn: Prospectus Group
60 Wall Street
New York, NY 10005-2836
Email: prospectus.CPDG@db.com
Telephone: (800) 503-4611
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Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, NY 10282
Telephone: 1-201-793-5170
Email:
prospectus-ny@ny.email.gs.com
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Jefferies
Attention: Equity Syndicate Prospectus
Department
520 Madison Avenue, 2nd Floor
New York, NY, 10022
Telephone: 877-547-6340 (toll free)
Email:
Prospectus_Department@Jefferies.com
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J.P. Morgan
Attn: Broadridge Financial
Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Phone: (866) 803-9204
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RBC Capital Markets
ATTN: Equity Syndicate
Three World Financial Center
200 Vesey St., 8th Floor
New York, NY 10281
Phone: (877) 822-4089
Email: equityprospectus@rbccm.com
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UBS Investment Bank
Attn: Prospectus Dept.
299 Park Avenue
New York, New York 10171
Phone: (888) 827-7275
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Wells Fargo Securities
Attn: Equity Syndicate Dept.
375 Park Avenue
New York, New York 10152
Phone: (800) 326-5897
cmclientsupport@wellsfargo.com
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You may also obtain these documents for free, when they are
available, by visiting the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy the securities described herein,
nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Susser Petroleum Partners LP
Susser Petroleum Partners LP is a growth-oriented Delaware limited partnership engaged in the
primarily fee-based wholesale distribution of motor fuels to Susser
Holdings Corporation and third parties. As a result of the recent
acquisition of Mid-Atlantic Convenience Stores, LLC, the
Partnership, through its subsidiaries, also engages in the retail
sale of motor fuel and the operation of retail convenience
stores.
Cautionary Statement Relevant to Forward-Looking
Information
This press release includes forward-looking statements regarding
future events. These forward-looking statements are based on the
Partnership's current plans and expectations and involve a numbers
of risks and uncertainties that could cause actual results and
events to vary materially from the results and events anticipated
or implied by such forward-looking statements. For a further
discussion of these risks and uncertainties, please refer to the
"Risk Factors" section of the prospectus supplement and
accompanying base prospectus. While the Partnership may elect to
update these forward-looking statements at some point in the
future, it specifically disclaims any obligation to do so, even if
new information becomes available in the future.
CONTACT:
Susser Petroleum Partners LP
Clare McGrory
Senior VP, Finance and Investor Relations
(610) 833-3400, cpmcgrory@sunocoinc.com
Dennard-Lascar Associates, LLC
Anne Pearson
Senior VP, Investor Relations
210-408-6321, apearson@dennardlascar.com
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SOURCE Susser Petroleum Partners LP