Global Partners LP Announces Full Redemption of Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units
Global Partners LP announced it will redeem all 3 million outstanding Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026. The units will be redeemed at a price of $25.00 per share plus accrued distributions, resulting in a total payout of $75 million.
Key figures
- Deal Value Usd
- 75000000
- Redemption date
- July 30, 2026
- Shares redeemed
- 3000000
- Redemption price
- 25
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