Global Partners LP (GLP), an energy company, said on Tuesday that it intends to begin a private offering of $450 million of senior unsecured notes due 2032.
The company aims to use the net proceeds from the offering to repay debts and for general corporate purposes.
The senior notes will be co-issued by GLP Finance Corp. and guaranteed by certain other subsidiaries of Global Partners.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.