Global Partners redeems all Series B preferred units for $75.0M, paid July 30, 2026

Global Partners redeemed all 3,000,000 Series B preferred units at $25.00 per unit and paid accrued cash distribution.Key Highlights:Original SEC Filing: GLOBAL PARTNERS LP [ GLP ] - 8-K - Jul. 30, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important informat…

Global Partners redeemed all 3,000,000 Series B preferred units at $25.00 per unit and paid accrued cash distribution.

Key Highlights:

Redeemed 3,000,000 Series B Fixed Rate Cumulative Perpetual Preferred Units on July 30, 2026.
Redemption price was $25.00 per unit, totaling $75,000,000 paid in full on July 30, 2026.
Also paid cash distribution for May 15, 2026–July 29, 2026, net of required tax withholding.
Effective July 30, 2026, Series B Preferred Units are no longer outstanding.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.