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Gold/Mining/Energy : Sunoco - SUN - The Best Oil Company

SUN 52.41

-0.2%

Dec 31 3:59 PM EST

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To: Jack Hartmann who started this subject	7/7/2000 12:06:35 AM
From: Jack Hartmann	of 29

Sunoco Files $1.5B Mixed Securities Shelf Dow Jones Newswires PHILADELPHIA -- Sunoco Inc. (SUN) filed a shelf registration with the Securities and Exchange Commission to issue up to $1.5 billion in securities. In a press release Thursday, the petroleum refining and marketing company said the registration includes senior and subordinated debt, common and preferred stock, warrants and trust preferred securities. The securities may be offered from time to time directly by the company and its affiliated trusts at terms to be determined at the time of sale. Sunoco will use proceeds from the offering for general corporate purposes, including paying or refinancing debt; funding working capital, capital expenditures or acquisitions; investing in subsidiaries; and repurchasing or redeeming securities. Credit Suisse First Boston Corp. was listed in the prospectus as a possible underwriter. -Bill Platt; Dow Jones Newswires; 201-938-5400 -Joanne McPike; Federal Filings Business News/Dow Jones Newswires; 202-628-7669

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