Wednesday, 22 January 2025
Home Global Partners Announces Cash Distribution on Series B Preferred Units

The following content is a news release distributed by . The original news release may be found here.

Global Partners Announces Cash Distribution on Series B Preferred Units

WALTHAM, Mass.--(BUSINESS WIRE)--Global Partners LP (NYSE: GLP) (the “Partnership”) today announced that the Board of Directors (the “Board”) of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnership’s 9.50% fixed-rate Series B preferred units for the period from November 15, 2024 through February 14, 2025. The distribution will be paid on February 18, 2025 to Series B preferred unitholders...

Read the full news release here

Related Articles

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectionsFuelLiquefied Natural Gas

LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion

LNG exporter Venture Global has significantly reduced the valuation it was seeking...

FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasOilPoliticsTrade

Citi raises average 2025 oil price forecasts, citing geopolitical risks

Citi on Wednesday raised its oil price outlook for 2025 due to...

FILE PHOTO: Volkswagen ID. Buzz electric vehicles are lined up at the company's plant in Hanover, Germany, December 17, 2024. REUTERS/Fabian Bimmer/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Manufacturing

Analysis: Volkswagen seeks new era in Germany with old methods

Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of...

FILE PHOTO: Suntory Holdings CEO Takeshi Niinami who is also the Chairperson of Japan Association of Corporate Executives, also known as Keizai Doyukai in Japan, speaks during a Reuters Newsmaker event in Tokyo, Japan September 11, 2024.  REUTERS/Issei Kato/File Photo
ElectionsManufacturingTrade

Japan firms must prepare for Trump tariff fallout, Suntory chief says in Davos

Japanese companies remain bullish about investing in the U.S. but need to...

Login into your Account

Please login to like, dislike or bookmark this article.