Nustar Logistics LP, founded in 2001 and headquartered in San Antonio, Texas, is a leading provider of integrated logistics services specializing in the transportation and storage of bulk liquids. The company operates a vast network of terminals and pipelines, ensuring efficient delivery and management of petroleum and chemical products across North America.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NSUS 5.63% 2027-04-28 USDNustar Logistics LP | United States | 2027-04-28 | 5.625 | 5.18 |
| NSUS 5.75% 2025-10-01 USDNustar Logistics LP | United States | 2025-10-01 | 5.750 | 5.04 |
| NSUS 6.00% 2026-06-01 USDNustar Logistics LP | United States | 2026-06-01 | 6.000 | 5.55 |
| NSUS 6.38% 2030-10-01 USDNustar Logistics LP | United States | 2030-10-01 | 6.375 | 5.53 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nustar Logistics has a notable history in the bond market, first issuing bonds in 2003 to support its growing operations. Among significant issuances, the 2020 offering raised $1 billion to refinance existing debt and improve liquidity, demonstrating strong investor confidence despite market volatility. Current yields on Nustar bonds align favorably with industry averages, reflecting their solid credit profile and resilience in challenging economic conditions. Noteworthy features of Nustar's bonds include the incorporation of covenants that protect investor interests, indicating a proactive approach to financial stability.