Form 8-K GLOBAL PARTNERS LP For: Apr 22
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): April 22, 2015
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 (see General Instruction A.2. below):
⃞ 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 April 22, 2015, 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 $0.68 per unit ($2.72 per unit on an annualized basis) on all of its outstanding common units for the period from January 1, 2015 through March 31, 2015. This distribution represents an increase of 2.26% over the quarterly distribution of $0.6650 per unit paid in February 2015 and an increase of 8.8% over the quarterly distribution of $0.6250 per unit paid in May 2014. On May 15, 2015, the Partnership will pay such cash distribution to its unitholders of record as of the close of business on May 6, 2015. 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 April 22, 2015 |
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: |
April 22, 2015 |
By: |
/s/ |
Edward J. Faneuil |
|
|
|
Executive Vice President, |
||||
EXHIBIT INDEX
|
Exhibit |
Description |
|
|
99.1 |
Global Partners LP Press Release dated April 22, 2015 |
Exhibit 99.1
Global Partners Declares Increased Cash Distribution for the First Quarter of 2015
WALTHAM, Mass.--(BUSINESS WIRE)--April 22, 2015--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 $0.68 per unit ($2.72 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 through March 31, 2015. The distribution will be paid May 15, 2015 to unitholders of record as of the close of business on May 6, 2015.
The distribution to be paid in May 2015 represents an increase of 2.26% over the quarterly distribution of $0.6650 per unit paid in February 2015 and an increase of 8.80% over the quarterly distribution of $0.6250 per unit paid in May 2014.
About Global Partners LP
A publicly traded master
limited partnership, Global is a midstream logistics and marketing
company 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. The Partnership is a
leader in the transportation of crude oil and other products by rail
across its “virtual pipeline” from the mid-continental U.S. and Canada
to the East and West Coasts for distribution to refiners and others.
With nearly 1,500 locations, primarily in the Northeast, Global also is
one of the largest independent owners, suppliers and operators of
gasoline stations and convenience stores. Global is No. 146 in the
Fortune 500 list of America’s largest corporations. For additional
information, visit www.globalp.com.
Forward-looking Statements
This news release may contain
forward-looking statements. Forward-looking statements include, without
limitation, any statement that may project, indicate or imply future
results, events, performance or achievements, and may contain the words
“may,” “believe,” “should,” “could,” “expect,” “anticipate,” “plan,”
“intend,” “estimate,” “will likely result,” or other similar
expressions. In addition, any statement made by Global Partners LP’s
management concerning future financial performance (including future
revenues, earnings or growth rates), ongoing business strategies or
prospects and possible actions by Global Partners LP or its subsidiaries
are also forward-looking statements.
Although Global Partners LP believes these forward-looking statements are reasonable as and when made, there may be events in the future that Global Partners LP is not able to predict accurately or control, and there can be no assurance that future developments affecting Global Partners LP’s business will be those that it anticipates.
For additional information about risks and uncertainties that could cause actual results to differ materially from the expectations Global Partners LP describes in its forward-looking statements, please refer to Global Partners LP’s Annual Report on Form 10-K and subsequent filings the Partnership makes with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made. Global Partners LP expressly disclaims any obligation or undertaking to update forward-looking statements to reflect any change in its expectations or beliefs or any change in events, conditions or circumstances on which any forward-looking statement is based.
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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