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Global Partners Announces Tender Offer Results

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Global Partners Announces Tender Offer Results

Confident Investing Starts Here:

An announcement from Global Partners ( (GLP) ) is now available.

On June 17, 2025, Global Partners LP announced the expiration and results of its cash tender offer to purchase outstanding 7.00% senior notes due 2027, which expired on June 16, 2025. The company received valid tenders for 90.08% of the principal amount, amounting to $360.316 million. Global Partners plans to use proceeds from the issuance of new 7.125% senior unsecured notes due 2033 to finance the purchase of the tendered notes, with the transaction expected to close on June 23, 2025. This move is part of Global’s strategic financial management to optimize its debt structure.

The most recent analyst rating on (GLP) stock is a Hold with a $56.00 price target. To see the full list of analyst forecasts on Global Partners stock, see the GLP Stock Forecast page.

Spark’s Take on GLP Stock

According to Spark, TipRanks’ AI Analyst, GLP is a Outperform.

The overall score reflects strong earnings call results and positive technical indicators, partially offset by financial performance risks. While valuation is reasonable, financial stability could improve with better debt management and consistent cash flow.

To see Spark’s full report on GLP stock, click here.

More about Global Partners

Global Partners LP is a Fortune 500 company and a leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. The company operates or maintains storage at 54 liquid energy terminals across the U.S., distributing gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. Additionally, Global Partners owns and supplies approximately 1,700 retail locations in the Northeast, Mid-Atlantic, and Texas, focusing on convenience and energy transition.

Average Trading Volume: 53,117

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.86B

Learn more about GLP stock on TipRanks’ Stock Analysis page.

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