Valero Energy Partners LP, founded in 2013 and headquartered in San Antonio, Texas, operates as a limited partnership focused on the transportation, storage, and terminalling of refined petroleum products and other hydrocarbon-based products. The company primarily serves a critical role in the midstream operations of the energy sector, providing essential services that support Valero's refining operations and enhance its supply chain efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VLP 4.38% 2026-12-15 USDValero Energy Partners LP | United States | 2026-12-15 | 4.375 | 4.22 |
| VLP 4.50% 2028-03-15 USDValero Energy Partners LP | United States | 2028-03-15 | 4.500 | 4.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Valero Energy Partners made its initial foray into the bond market in 2014 with a successful issuance to fund growth initiatives. Notably, in 2021, the company issued $500 million in senior unsecured notes due in 2031 to refinance existing debt, achieving competitive yields that were favorable compared to industry averages. Currently, their bonds feature robust covenants and a growing investor interest amid the recovery in energy markets. The company has been recognized for maintaining a strong balance sheet, contributing to investor confidence and stability in its bond offerings.