UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of report: January 27, 2017
(Date of earliest event reported): January 26, 2017


 
 
  SUNOCO LOGISTICS PARTNERS L.P.
(Exact name of registrant as specified in its charter)
 
 
 

Delaware
 
1-31219
 
23-3096839
(State or other jurisdiction
of incorporation)
 
(Commission
file number)
 
(IRS employer
identification number)
 
3807 West Chester Pike, Newtown Square, PA
 
19073
(Address of principal executive offices)
 
(Zip Code)

(866) 248-4344
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
q
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
q
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
q
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
q
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01.
Other Events.
On January 26, 2017, Sunoco Logistics Partners L.P. (the "Partnership") announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the fourth quarter 2016 of $0.52 per common unit ($2.08 annualized) to be paid on February 14, 2017 to unit holders of record on February 7, 2017. A copy of the press release announcing the declaration of this distribution is being filed herewith as Exhibit 99.1.
The Partnership also announced that it will hold a conference call on Wednesday, February 22, 2017 at 5:00 p.m. ET (4:00 p.m. CT) to discuss its financial results for the fourth quarter 2016. Earnings are expected to be released after the market closes on Wednesday, February 22, 2017.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
 
Exhibit No.
 
Exhibit
 
99.1
 
Sunoco Logistics Partners L.P. press release dated January 26, 2017.

Safe Harbor Statement
Statements contained in this report, or the exhibits to this report, that state the Partnership's expectations or predictions of the future are forward-looking statements and are inherently uncertain. Actual results could differ materially from those projected in such forward-looking statements. Factors that could affect such results include those mentioned in the documents that the Partnership has filed with the Securities and Exchange Commission. The Partnership undertakes no obligation to update forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All forward-looking statements in this current report on Form 8-K are qualified in their entirety by this cautionary statement.





SIGNATURE
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.
 
 
 
 
SUNOCO LOGISTICS PARTNERS L.P.
 
 
By:
Sunoco Partners LLC, its General Partner
 
 
 
 
By:
/s/ KATHLEEN SHEA-BALLAY
 
 
Kathleen Shea-Ballay
 
 
Senior Vice President, General Counsel and Corporate Secretary


January 27, 2017
Newtown Square, PA




EXHIBIT INDEX
 
Exhibit No.
  
Exhibit
 
99.1
  
Sunoco Logistics Partners L.P. press release dated January 26, 2017.





 
 
Exhibit 99.1
 
 
 
SXLCOLORA08.JPG
  
News Release
  
Sunoco Logistics Partners L.P.
  
3807 West Chester Pike
  
Newtown Square, PA 19073
 
 
For further information contact:
 
For release: Immediately
Peter Gvazdauskas (investors) 215-977-6322
 
 
Jeffrey Shields (media) 215-977-6056

 
 

SUNOCO LOGISTICS ANNOUNCES FORTY-SEVENTH SUCCESSIVE QUARTER OVER
QUARTER DISTRIBUTION INCREASE AND EARNINGS CONFERENCE CALL DATE

NEWTOWN SQUARE, PA - January 26, 2017 - Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership") today announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the fourth quarter 2016 of $0.52 per common unit ($2.08 annualized) to be paid on February 14, 2017 to unit holders of record on February 7, 2017. This represents a nine percent increase over the fourth quarter 2015 cash distribution of $0.479 per common unit ($1.916 annualized). This is the forty-seventh successive quarter the Partnership has increased its distribution.
The Partnership also announced that it will hold a conference call on Wednesday, February 22, 2017 at 5:00 p.m. ET (4:00 p.m. CT) to discuss its financial results for the fourth quarter 2016. Earnings are expected to be released after the market closes on Wednesday, February 22, 2017.
Those wishing to listen can access the call by dialing (USA toll free) 1-888-324-8114; International (USA toll) 1-517-308-9278 and request "Sunoco Logistics Partners Earnings Call, Conference Code: Sunoco Logistics". This event may also be accessed by a webcast, which will be available at www.sunocologistics.com . A number of presentation slides will accompany the audio portion of the call and will be available to be viewed and printed shortly before the call begins. Individuals wishing to listen to the call on the Partnership’s web site will need Windows Media Player, which can be downloaded free of charge from Microsoft or from Sunoco Logistics Partners’ conference call page. Please allow at least fifteen minutes to complete the download.
Audio replays of the conference call will be available for two weeks after the conference call beginning approximately one hour following the completion of the call. To access the replay, dial 1-888-482-2236. International callers should dial 1-402-998-1364.

ABOUT SUNOCO LOGISTICS
Sunoco Logistics Partners L.P. (NYSE: SXL), headquartered in Newtown Square, Pennsylvania, is a publicly traded Delaware limited partnership that owns and operates a logistics business, consisting of a geographically diverse portfolio of complementary pipeline, terminalling and acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil, NGLs and refined products. SXL's general partner is a consolidated subsidiary of Energy Transfer Partners, L.P. (NYSE: ETP). For more information, visit the Sunoco Logistics Partners L.P. web site at www.sunocologistics.com .
This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100%) of distributions by Sunoco Logistics Partners L.P. to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, distributions by Sunoco Logistics Partners L.P. to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.
Portions of this document constitute forward-looking statements as defined by federal law. Although Sunoco Logistics Partners L.P. believes that the assumptions underlying these statements are reasonable, investors are cautioned that such forward-looking statements are inherently uncertain and necessarily involve risks that may affect the Partnership's business prospects and performance causing actual results to differ from those discussed in the foregoing release. Such risks and uncertainties include, by way of example and not of limitation: whether or not the transactions described in the foregoing news release will be cash flow accretive; increased competition; changes in demand for crude oil, NGLs and refined products that we store and distribute; changes in operating conditions and costs; changes in the level of environmental remediation spending; potential equipment malfunction; potential labor issues; the legislative or regulatory environment; plant construction/repair delays; nonperformance by major



customers or suppliers; and political and economic conditions, including the impact of potential terrorist acts and international hostilities. These and other applicable risks and uncertainties have been described more fully in the Partnership's Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2016, and in the Partnership's subsequent Form 8-K and 10-Q filings. The Partnership undertakes no obligation to update any forward-looking statements in this release, whether as a result of new information or future events.



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