Bracewell Represents Truist in Bridge Financing in Connection With Sunoco LP’s $7.3 Billion Acquisition of Nustar Energy L.P.

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Bracewell LLP represented Truist, as joint lead arranger and lender, in connection with Sunoco LP’s $7.3 billion acquisition of Nustar Energy L.P. Truist provided Sunoco with $1.6 billion of committed bridge financing to refinance NuStar’s Series A, B and C preferred units, subordinated notes, revolving credit facility and receivables financing agreement in connection with the acquisition.