Print Page | Close Window
SEC Filings
S-4/A
SUSSER HOLDINGS CORP filed this Form S-4/A on 08/16/2016
Entire Document
 << Previous Page | Next Page >>


Table of Contents
Index to Financial Statements
  As of June 30, 2016, we had approximately $4.2 billion of debt outstanding, of which $675.0 million was secured indebtedness under our revolving credit facility (excluding approximately $22.2 million of letters of credit outstanding thereunder) and approximately $1.2 billion of which was secured indebtedness under the term loan facility.

 

Guarantees

The exchange notes will be guaranteed on a senior basis by all of our subsidiaries that guarantee our obligations under our revolving credit facility and term loan facility) and certain of our future subsidiaries.

 

  In connection with our acquisition of a 31.58% interest in Sunoco LLC in April 2015, ETP Retail will provide a limited contingent guarantee of our obligation to pay the principal of the 2023 exchange notes (the “2023 ETP Retail contingent guarantee”). Additionally, in connection with the Acquisition in March 2016, ETP Retail will provide a limited contingent guarantee of our obligation to pay the principal of the 2021 exchange notes (the “2021 ETP Retail contingent guarantee”, and, together with the 2023 ETP Retail contingent guarantee, the “ETP Retail contingent guarantees”). Under the ETP Retail contingent guarantees, ETP Retail will have the obligation to make principal payments with respect to the 2023 exchange notes and the 2021 exchange notes once all remedies, including in the context of bankruptcy proceedings, have first been fully exhausted against us with respect to such payment obligation, and holders of the 2023 exchange notes and 2021 exchange notes are still owed amounts in respect of the principal of the 2023 exchange notes and 2021 exchange notes. ETP Retail will not otherwise be subject to the covenants of the indentures governing the 2023 exchange notes or the 2021 exchange notes.

 

  Unless the context otherwise requires, any references in this prospectus to “guarantors” and “guarantees” exclude ETP Retail and the ETP Retail contingent guarantees, respectively.

 

Optional Redemption

The Issuers may, at their option, redeem some or all of the 2023 exchange notes at any time on or after April 1, 2018, at the redemption prices described herein. Prior to such time, the Issuers may redeem some or all of the 2023 exchange notes at 100% of the aggregate principal amount thereof, plus the “applicable premium” and accrued and unpaid interest, if any, to, but not including, the redemption date. In addition, prior to April 1, 2018, the Issuers may redeem up to 35% of the aggregate principal amount of the 2023 exchange notes with an amount of cash not greater than the net cash proceeds of certain equity offerings, at a redemption price of 106.375% of the aggregate principal amount of the 2023 exchange notes being redeemed, plus accrued and unpaid interest to, but not including, the redemption date.

 



 

12

 << Previous Page | Next Page >>