UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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): October 27, 2017
GLOBAL
PARTNERS LP
(Exact
name of registrant as specified in its charter)
|
Delaware |
001-32593 |
74-3140887 |
|
(State or other jurisdiction |
(Commission |
(IRS Employer |
|
P.O. Box 9161 |
|
(Address of Principal Executive Offices) |
(781) 894-8800
(Registrant’s telephone number, including area
code)
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:
⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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. ⃞
Item 7.01. Regulation FD Disclosure
On October 27, 2017, Global Partners LP (the “Partnership”) issued a press release announcing that the Board of Directors of its general partner, Global GP LLC, declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from July 1, 2017 through September 30, 2017. On November 14, 2017, the Partnership will pay such cash distribution to its unitholders of record as of the close of business on November 9, 2017. A copy of the Partnership’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits
| (d) |
Exhibit |
|
| 99.1 | Global Partners LP Press Release dated October 27, 2017 |
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 thereunto duly authorized.
|
GLOBAL PARTNERS LP |
|||||
|
By: |
Global GP LLC, |
||||
|
its general partner |
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|
Dated: |
October 27, 2017 |
|
By: |
/s/ Edward J. Faneuil |
|
|
|
|
Executive Vice President, |
|||
|
General Counsel and Secretary |
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EXHIBIT INDEX
|
Exhibit |
Description |
|
* Furnished herewith
Exhibit 99.1
Global Partners Declares Quarterly Cash Distribution of $0.4625 for the Third Quarter of 2017
WALTHAM, Mass.--(BUSINESS WIRE)--October 27, 2017--Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4625 per unit ($1.85 per unit on an annualized basis) on all of its outstanding common units for the period from July 1 to September 30, 2017. The distribution will be paid November 14, 2017 to unitholders of record as of the close of business on November 9, 2017.
About Global Partners LP
Global Partners is a midstream
logistics and marketing master limited partnership that owns, controls
or has access to one of the largest terminal networks of petroleum
products and renewable fuels in the Northeast. With approximately 1,500
locations, primarily in the Northeast, Global is one of the largest
regional independent owners, suppliers and operators of gasoline
stations and convenience stores. Global is also one of the largest
distributors of gasoline, distillates, residual oil and renewable fuels
to wholesalers, retailers and commercial customers in New England and
New York. The Partnership is also engaged in the transportation of
petroleum products and renewable fuels by rail from the mid-continental
U.S. and Canada. For additional information, visit www.globalp.com.
Forward-looking Statements
Certain statements and information
in this press release may constitute “forward-looking statements.” The
words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,”
“should,” “would,” “could” or other similar expressions are intended to
identify forward-looking statements, which are generally not historical
in nature. These forward-looking statements are based on Global
Partners’ current expectations and beliefs concerning future
developments and their potential effect on the Partnership. While
management believes that these forward-looking statements are reasonable
as and when made, there can be no assurance that future developments
affecting the Partnership will be those that it anticipates. All
comments concerning the Partnership’s expectations for future revenues
and operating results are based on forecasts for its existing operations
and do not include the potential impact of any future acquisitions.
Forward-looking statements involve significant risks and uncertainties
(some of which are beyond the Partnership’s control) and assumptions
that could cause actual results to differ materially from the
Partnership’s historical experience and present expectations or
projections.
For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global Partners’ filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Partnership undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
CONTACT:
Global Partners LP
Daphne H. Foster, 781-894-8800
Chief
Financial Officer
or
Edward J. Faneuil, 781-894-8800
Executive
Vice President, General Counsel and Secretary