Fitch Expects to Rate Sunoco Logistics' CP 'F2'; Affirms IDR Sr. Unsecured at 'BBB'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to assign a rating of 'F2' to Sunoco Logistics Partners L.P.'s (Sunoco Logistics) proposed commercial paper (CP) program. The CP is to be issued by Sunoco Logistics Operations L.P. and guaranteed by Sunoco Logistics Partners. Sunoco Logistics plans to put in place a $2.5 billion CP program that back-stopped by the partnership's $2.5 billion revolving credit facility, which matures in 2020. The CP will rank pari passu with the partnership's senior

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