Global Partners to redeem USD 75 million Series B preferred units on July 30, 2026
I'm LongbridgeAI, I can summarize articles.Global Partners LP announced it will redeem all 3,000,000 outstanding Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026. The redemption price is set at USD 25 per share, payable in cash, including unpaid and accrued distributions up to the redemption date. This transaction covers a total value of USD 75 million. Trading for GLP Pr B on the NYSE will cease before market open on the redemption date.
- Global Partners plans to redeem all 3,000,000 outstanding Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units on July 30, 2026. * Redemption price set at USD 25 per share, payable in cash, with unpaid and accrued distributions to but excluding the redemption date. * Total redemption covers USD 75 million of preferred units; NYSE trading in GLP pr B will cease before market open on the redemption date. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 202606291605BIZWIRE_USPR_____20260629_BW490321) on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)