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 (Date of earliest event reported): November 16, 2022
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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(Address of principal executive offices)
(210 ) 918-2000
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report.)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new
or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 7.01
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Regulation FD Disclosure.
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On November 16, 2022, NuStar Energy L.P., a Delaware limited partnership (the “Company”), entered into a purchase agreement with EIG Nova Equity
Aggregator, L.P. and a purchase agreement with FS Energy and Power Fund (collectively, the “Purchase Agreements”), pursuant to which the Company agreed to purchase an aggregate of 6,900,000 units of its Series D Cumulative Convertible Preferred
Units (the “Units”), at a price per Unit of $32.73, or an aggregate purchase price of approximately $226 million. The transactions contemplated by the Purchase Agreements closed on November 22, 2022, and the Company funded the transactions using
borrowings under its unsecured revolving credit agreement.
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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 hereunto duly authorized.
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NUSTAR ENERGY L.P.
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By:
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Riverwalk Logistics, L.P.
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its general partner
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By:
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NuStar GP, LLC
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its general partner
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Date: November 22, 2022
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By:
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/s/ Steve Gilbert
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Name:
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Steve Gilbert
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Title:
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Vice President, Assistant General Counsel and Corporate Secretary
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