Form 8-K GLOBAL PARTNERS LP For: Jan 30
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): January 30, 2017
GLOBAL
PARTNERS LP
(Exact
name of registrant as specified in its charter)
Delaware |
001-32593 |
74-3140887 |
(State or other jurisdiction |
(Commission |
(IRS Employer |
P.O. Box 9161 |
(Address of Principal Executive Offices) |
(781) 894-8800
(Registrant’s telephone number, including area
code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01. |
Regulation FD Disclosure |
On January 30, 2017, Global Partners LP (the “Partnership”) issued a press release announcing that the Board of Directors of its general partner, Global GP LLC, declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from October 1, 2016 through December 31, 2016. On February 14, 2017, the Partnership will pay such cash distribution to its unitholders of record as of the close of business on February 9, 2017. A copy of the Partnership’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.
Item 9.01. |
Financial Statements and Exhibits |
|
(d) |
Exhibit |
|
99.1 |
Global Partners LP Press Release dated January 30, 2017 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
GLOBAL PARTNERS LP |
|||||
By: |
Global GP LLC, |
||||
its general partner |
|||||
Dated: |
January 30, 2017 |
By: |
/s/ Edward J. Faneuil |
||
|
Executive Vice President, |
EXHIBIT INDEX
Exhibit |
Description |
|
99.1 |
Global Partners LP Press Release dated January 30, 2017 |
Exhibit 99.1
Global Partners Declares Quarterly Cash Distribution of $0.4625 for the Fourth Quarter of 2016
WALTHAM, Mass.--(BUSINESS WIRE)--January 30, 2017--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from October 1 to December 31, 2016. The distribution will be paid February 14, 2017 to unitholders of record as of the close of business on February 9, 2017.
About Global Partners LP
Global Partners is a
midstream logistics and marketing master limited partnership that owns,
controls or has access to one of the largest terminal networks of
petroleum products and renewable fuels in the Northeast. Global also is
one of the largest distributors of gasoline, distillates, residual oil
and renewable fuels to wholesalers, retailers and commercial customers
in New England and New York. With approximately 1,500 locations,
primarily in the Northeast, Global is one of the largest independent
owners, suppliers and operators of gasoline stations and convenience
stores. The Partnership is also engaged in the transportation of crude
oil and other products by rail from the mid-continental U.S.
and Canada to the East and West Coasts for distribution to refiners and
others. Global is No. 276 in the Fortune 500 list of America’s largest
corporations. For additional information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information
in this press release may constitute “forward-looking statements.” The
words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,”
“should,” “would,” “could” or other similar expressions are intended to
identify forward-looking statements, which are generally not historical
in nature. These forward-looking statements are based on our current
expectations and beliefs concerning future developments and their
potential effect on us. While management believes that these
forward-looking statements are reasonable as and when made, there can be
no assurance that future developments affecting us will be those that we
anticipate. All comments concerning our expectations for future revenues
and operating results are based on our forecasts for our existing
operations and do not include the potential impact of any future
acquisitions. Our forward-looking statements involve significant risks
and uncertainties (some of which are beyond our control) and assumptions
that could cause actual results to differ materially from our historical
experience and our present expectations or projections.
For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the SEC, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
CONTACT:
Global Partners LP
Daphne H. Foster, 781-894-8800
Chief
Financial Officer
or
Edward J. Faneuil, 781-894-8800
Executive
Vice President, General Counsel and Secretary
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