Susser Petroleum Partners LP Announces Filing of Registration Statement
HOUSTON, June 22, 2012 /PRNewswire/ -- Susser Petroleum Partners LP, a wholly owned subsidiary of Susser Holdings Corporation (NASDAQ: SUSS), announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to its proposed initial public offering of common units representing limited partner interests.
In connection with the initial public offering, substantially all of Susser Holdings Corporation's wholesale motor fuel distribution business will be contributed to the partnership. Susser Holdings will own the general partner of the partnership as well as all of the partnership's incentive distribution rights and a majority of its units representing limited partner interests.
BofA Merrill Lynch and Barclays will act as joint book-running managers and co-structuring advisors in the transaction. This offering of common units will be made only by means of a prospectus. A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, when available, may be obtained from:
BofA Merrill Lynch
222 Broadway, 7th Floor
New York, NY 10038
Attn: Prospectus Department
Email: [email protected]
Barclays
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, New York 11717
Toll free: 1-888-603-5847
Email: [email protected]
The registration statement relating to these securities has been filed with the SEC and is available on the SEC's website at www.sec.gov under the registrant's name, Susser Petroleum Partners LP, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state and 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 jurisdiction.
Forward-Looking Statements
This news release contains "forward-looking statements" which are based on current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially, including but not limited to, the inability to complete the initial public offering. For a full discussion of these risks and uncertainties, please refer to the "Risk Factors" section of the Registration Statement on Form S-1 filed today and the information included in subsequent filings. These forward-looking statements are based on and include our expectations as of the date hereof. Subsequent events and market developments could cause our expectations to change. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if new information becomes available, except as may be required by applicable law.
SUSS-IR
Contacts: |
Susser Holdings Corporation |
Mary Sullivan, Chief Financial Officer |
|
(361) 693-3743, [email protected] |
|
DRG&L |
|
Ken Dennard, Managing Partner |
|
(713) 529-6600, [email protected] |
|
Anne Pearson, Senior Vice President |
|
(210) 408-6321, [email protected] |
SOURCE Susser Holdings Corporation
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