Global Partners prices private offering of senior notes

Global Partners LP (NYSE: GLP) has priced its private offering of $300 million in the aggregate principal amount of 7.000% senior unsecured notes due 2023.

Global intends to use the net proceeds from the offering to repay a portion of the borrowings outstanding under its revolving credit facility. The sale of the senior notes is expected to be completed on or about June 4. The senior notes will be issued at par.

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